2340 NW 23rd St - Freestanding FOR SALE


Oklahoma City, OK 73107- Pennville
$1,375,000 USD
253-549-8701
2340 NW 23rd St, Oklahoma City, OK for Sale
$1,375,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

2340 NW 23rd St
Oklahoma City, OK 73107
Pennville


HIGHLIGHTS

  • Prominent corner location with 309 feet of combined frontage
  • Surrounding MAPS-funded streetscape upgrades
  • High-exposure, flexible retail corner in a high-value corridor
  • Considered for single / multi-tenant investment or an owner-user setup
  • Rear drive lane and on-site dumpster area
  • Well-suited for both customers and operations

OVERVIEW

Freestanding building offers a combination of visibility, accessibility, and adaptability that works for both customers and operations. Built in 2004, renovated in 2011, and remodeled in 2022, it presents a clean, modern image inside and out. The exterior features red brick and tan accents, a flat roof with decorative parapet elements, and professional floor-to-ceiling storefront glazing for strong merchandising potential and signage presence. The property sits on a 0.53-acre corner parcel at NW 23rd Street and N Billen Avenue, with 309.2 feet of combined frontage and 30 striped parking stalls (5.96 spaces/1,000 SF). Rear drive access, east and west exit doors, and an on-site dumpster area streamline deliveries and service. Currently configured for a single user, the building retains its original multi-tenant design elements—separate entrances, utility runs, and restrooms—allowing an efficient reconfiguration into two or more suites. This flexibility supports diverse occupancy strategies: maximize rental income with multiple tenants, reduce vacancy risk, or combine owner/occupancy with investment income. The location is in a high-value, established commercial corridor in West/Central Oklahoma City, near Shepherd Mall, Asia District, and Uptown 23rd. The surrounding trade area blends national brands, strong local operators, and dense residential neighborhoods, driving consistent traffic. Public investment has further enhanced the corridor through Oklahoma City’s MAPS-funded streetscape upgrades, adding decorative sidewalks, ADA curb cuts, upgraded lighting, and landscaping—boosting curb appeal and walkability. With its modern construction, strategic corner positioning, and built-in adaptability, 2340 NW 23rd St offers both stability and upside in one of the city’s strongest trade areas.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$273 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

For Sale or Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

37

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

C-3

APN/PARCEL ID

063761075

ASK ABOUT THIS PROPERTY

Zack ConroyBANTA Property GroupMore Info
253-549-8701

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Zack ConroyBANTA Property GroupMore Info
253-549-8701

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.