Automobile Alley Redevelopment

1324 N Broadway Dr Oklahoma City, OK 73103

1324 N Broadway Dr, Oklahoma City, OK, 73103
1324 N Broadway Dr, Oklahoma City, OK, 73103 1324 N Broadway Dr, Oklahoma City, OK, 73103 1324 N Broadway Dr, Oklahoma City, OK, 73103 1324 N Broadway Dr, Oklahoma City, OK, 73103 1324 N Broadway Dr, Oklahoma City, OK, 73103
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$2,400,000
Last Verified:
Mar 22, 2024

Highlights

  • Prime location in Oklahoma City
  • On-site parking for employees and visitors
  • Impressive street presence
  • Zoned DTD-1

Description

Discover an exceptional investment opportunity with this distinctive property. Built in 1947, is an architectural gem waiting to be brought back to life. Its stout construction and prime location provide an enticing combination of historic allure and strategic positioning. This property presents a compelling proposition for an owner keen to make an impact in the thriving commercial real estate landscape of Oklahoma City.

Originally home to the General Beverage Company, this property then served as the corporate home of Oklahoma City based Dolese Bros Co, for more than 70 years. The property sits at the northern entrance of Automobile Alley, a district renowned for its rich automotive history and known today as home to boutique shops, local eateries and offices. The area also boasts proximity to the State Capitol, OU Health Sciences Center, and convenient access to major highways. For an investor or owner/user, the property's dynamic location presents a compelling opportunity to capitalize on the city's growth and appeal to a diverse tenant base.


Year Built: 1947
Building Size: 27567sq ft
Building Class: B
Lot Size: 0.59 acres


Documents

Brochure

Map of 1324 N Broadway Dr, Oklahoma City, OK, 73103

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.