520 W Broadway Ave
Broken Arrow, OK 74012
Office Property For Sale

Larry Hutton Ministries Building Information 520 W Broadway Ave, Broken Arrow, OK 74012 LOCATION LOCATION LOCATION! Up for sale in July 2018 is one of the most desirable buildings and locations in Broken Arrow, OK. With approximately 8500 sf indoors (over 10,500 under roof, including covered walkways), this two-story office complex is located right at the entrance to the Broken Arrow Rose District, on the corner of Elm St & Broadway Ave. It is the only stand-alone building of its kind in the Rose District. Built in 1983, it still stands out as one of the more modern looking buildings in BA and provides great access and visibility to the Broken Arrow Tulsa areas. ~ The building was constructed of concrete tilt-up panels, and then was bricked, so that the brick walls face both fronts off both Elm & Broadway. ~ None of the inside walls are load-bearing, so all offices/walls can be moved as desired. ~ The roof was replaced in July 2006 with a 25-yr Thermoplastic Polyolefin roof, over a steel deck and truss system. The windows are insulated with bronze aluminum frames. ~ There is no elevator in the building, but it has two covered exterior stairwells on the two fronts, that lead to covered walkways that wrap around the whole west and south sides of the building. ~ The building has 6 individually metered forced air & gas furnaces. ~ Along with ample concrete parking, and an extra lot on the east side of the building, the land area is approximately 21,000 Sq. Ft. ~ The property is zoned O-1 Central Office District. ~ There are two portable storage buildings on the extra lot. One is 8X15, a typical storage shed for lawn equipment. The other is a high-end storage unit that measures 12x20. The building is currently owned and occupied by Larry Hutton Ministries, a 501c3 non-profit corporation. They have owned the property since 1996. The ministry is relocating to Atlanta GA, thus the reason for selling the property. The property is in A1 condition top to bottom—no major repairs needed! The building is in pristine condition and is selling “by owner” and “as is” for $1,200,000. There is no mortgage on the building. We will consider all reasonable offers. Whether is it purchased by a prudent manager/owner for multi-tenant office space, a church or ministry, or as part of an investment portfolio, it will surely provide ample return in future years, as well as be a delight for those who occupy it. SHOWN BY APPOINTMENT ONLY As stated above, this if FOR SALE BY OWNER, so we will not be listing with a Realtor. Although we are offering a 2% Realtors Buyers fee. CONTACT: Dr Larry Hutton (918) 906-5797 (cell) ljh@lhm.net (email)