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516 Iowa St 1,750 SF Retail Building Norman, OK 73069 $365,000 ($208.57/SF)
Investment Highlights
- Open floor plan with beautiful beams and exposed original brickwork
- backyard with alley access. C-1 property in the middle of a lovely walkable neighborhood.
- Natural Light, Full bathroom with shower and washer dryer hookups.
Executive Summary
Currently vacant but heavily sought after neighborhood commercial property. C-1. There are very few of these in Norman left. This was originally built to be a grocery store in 1945. This property has had major upgrades all done by local Architect Stan Berry.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
1,750 SF
Building Class
C
Year Built
1945
Price
$365,000
Price Per SF
$208.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
0.12 AC
Zoning
C1 - C1 see attached
Parking
5 Spaces (2.86 Spaces per 1,000 SF Leased)
Frontage
51’ on Iowa
Amenities
- 24 Hour Access
- Fenced Lot
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Strong Space
- Arts, Entertainment, and Recreation
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Strong Space | Arts, Entertainment, and Recreation | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R0039332 | Improvements Assessment | $17,638 |
| Land Assessment | $3,880 | Total Assessment | $21,518 |
Property Taxes
Parcel Number
R0039332
Land Assessment
$3,880
Improvements Assessment
$17,638
Total Assessment
$21,518
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
The Wilson Company, LLC
516 Iowa St
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