3801 NW 63rd Street 4 , Oklahoma City, OK 73116
Oklahoma City, OK 73116
Description
Discover an exceptional investment opportunity in the heart of one of Oklahoma City's thriving medical districts with this fully-leased commercial property, offering both immediate returns and exciting future development potential. Strategically positioned for unparalleled visibility, this property boasts 100% occupancy and a proven track record of rapid leasing, ensuring stable income generation. With easy access via three major highways and a high traffic count, it is conveniently surrounded by medical entities, making it an ideal location for consistent demand. Recent upgrades enhance the property's appeal, including newly replaced carpet and tile on the ground floor, freshly painted walls throughout (within the last four years), and a roof that was redone in 2016. The upstairs executive office has been beautifully remodeled, featuring a private bath and shower. The building comprises four H/A units evenly split between the east and west sides, equipped with cost-effective gas heat for energy efficiency. Maintenance and operating costs are kept in check with affordable Owners Dues of approximately $250 per month, which cover common area utilities, water, trash, and landscaping. This investment opportunity extends beyond the current structure; as part of a larger parcel with two adjacent buildings also on the market, it presents a unique prospect for visionary investors looking to develop the entire area. The current owner is willing to remain as a tenant in a small ground floor area, ensuring a smooth transition and continued local expertise. Don’t miss this chance to invest in a well-maintained, fully-occupied commercial property that offers exceptional location advantages and significant future development potential. Schedule your viewing today and step into a world of commercial real estate opportunity in one of Oklahoma City's most dynamic areas!
Details
| MLS# | 1138990 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $3,000 |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1977 |
| Days On Site | 100 |
| Listing Provided By | OKC Metro Group | Doug Arnett |
Features
| SQ Feet | 5,512 |
|---|---|
| Story(s) | 2 |
| Zoning | Commercial |
Market Activity 73116
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Learn More About This Property
| State | OK |
|---|---|
| County | Oklahoma |
| City | Oklahoma City |
| Zip Code | 73116 |
| Area | Oklahoma |
| Listing VS Median (in 73116) | |
Price: $700,000 low | high Med: $361,450 SqFt: 5,512 low | high Med: 1,703 $ / SqFt: $127 low | high Med: $214 On Site: 100 low | high Med: 71.000000 | |