Active

3801 NW 63rd Street 4

Oklahoma City OK, 73116

$700,000


$127.00 per sqft

Active

5,512 sqft

Commercial

Built in 1977

Listing courtesy of Doug Arnett and Karen Graves with OKC Metro Group Listing Contact: 405-348-6700

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!

1138990

MLS ID

October 9, 2024

Listed

October 17, 2024

Updated

Map

3801 NW 63rd Street 4
Oklahoma City OK, 73116

Interior Features

Total Stories

2


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central, Gas

Exterior/Building Features

Lot Size

0.27 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$5,397


Tax Frequency

Annually


Days on Market

8


Association Fee

$3,000


Association Fee Frequency

Yearly


Garage

No


Parking

Additional Parking


View

No


County

Oklahoma


Water Source

Public


Pool

No

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