$ 1,375,000
-
$1,375,000
Price -
0
Bed -
0
Bath -
14,976
SqFt
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About the Listing FRPL01 - ABYTYQI
Excellent opportunity to acquire a multi-tenant commercial building along the highly trafficked NW 63rd Street corridor. Situated on a 32,016 SF lot and zoned C-3, the property offers strong visibility, flexible suite configurations, and immediate upside potential. Currently aprx. 70% leased with 25 configurable suites, the building generates $97,871 in gross annual income and approximately $49,885 NOI. Leases are modified gross with 1–3 year terms, and most include 3% annual increases. Approximately 4,854 SF is available, creating immediate lease-up opportunity. Current asking lease rates of $10/SF are below market, offering clear potential to increase income over time. Ideal for both investors and owner-occupants. Approximately 1,919 SF is available on the first floor, 1,404 sqft of which is functioning Hair Salon. An additional 2,935 sqft space is available upstairs, currently separated in 5 units, allowing a business to occupy immediately while benefiting from in-place tenant income. Any of the spaces can be connected or separated to fit your needs. Recent capital improvements include a new 20-year warranty roof (2019), three of eight five-ton HVAC units replaced within the past six years, and a full LED lighting retrofit converting all T8 fluorescent fixtures to energy-efficient LED tubes—significantly reducing operating expenses. Located within a quarter mile of major intersections and surrounded by national and regional retailers, the property benefits from approximately 49,400 vehicles per day, strong accessibility, and long-term repositioning potential.
Listing Highlights
Status
Active
Days on Site
34
Property Type
Commercial Sale
MLS ®
1215276
Year Built
1977
Total Square Footage
14,976
Lot/Acreage
0.73
County
Oklahoma
HOA Dues
8400
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Elec
- Heating: Central Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: Asphalt
Financial Details
- Tax Amount: $7,722
- Taxes w/Assessments: N/A
- Tax/Property ID: 3801NW63rd2&373116
- Tax Year: N/A
Payment Calculator
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Questions About..
3801 NW 63rd Street 2 & 3 Oklahoma City, OK 73116
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