Magnolia Building | 722 N Broadway Ave
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Magnolia Building 722 N Broadway Ave
31,596 SF 61% Leased Office Building Oklahoma City, OK 73102 $5,400,000 ($171/SF)
Investment Highlights
- Historic Tax Credits Available
- TIFF District #2
- Central Business District Opportunity Zone
- Pricing includes paved lot with 40 parks directly across from the property
Executive Summary
31,596 SF Mixed Use Retail and Office, 5-Story Building. National Register of Historic Places. Event Space on 5th Floor. Investment or Owner Occupant Opportunity. Historic Tax Credits Available. Central Business District Opportunity Zone. TIF District #2. Pricing includes paved lot with 40 parks directly across from the property. High Visibility, High Traffic Area. One Mile Proximity to Paycom Arena, OU Health, Convention Center, Devon Tower, and Scissortail Park. Heart of Automobile Alley. Building is on Streetcar Route. Public Transit in Close Proximity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
31,596 SF
Building Class
B
Year Built/Renovated
1919/2010
Price
$5,400,000
Price Per SF
$171
Percent Leased
61%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
6,319 SF
Slab To Slab
11’
Building FAR
4.27
Land Acres
0.17 AC
Opportunity Zone
Yes
Zoning
CBD2 - Central Business District consolidated zoning
Parking
40 Spaces (1.27 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
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Walk Score ®
Very Walkable (80)
Transit Score ®
Excellent Transit (71)
Bike Score ®
Very Bikeable (87)
PROPERTY TAXES
Parcel Number | 010011816 | Improvements Assessment | $159,327 |
Land Assessment | $3,453 | Total Assessment | $162,780 |
PROPERTY TAXES
Parcel Number
010011816
Land Assessment
$3,453
Improvements Assessment
$159,327
Total Assessment
$162,780
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Magnolia Building | 722 N Broadway Ave
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