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Investment Highlights
- A century-old Art Deco landmark fully restored top-to-bottom
Executive Summary
This memorandum presents 1012 S Elgin Avenue — a fully restored 1925 landmark on the southern gateway corner to downtown Tulsa, offered confidentially.
The Day & Nite Building anchors the 11th Street roundabout — the southern gateway corner connecting Historic Route 66, the Cathedral District, and downtown Tulsa.
A century-old Art Deco landmark fully restored top-to-bottom, with 4,680 SF of adaptable interior, 15-foot ceilings, and an original vault. Originally engineered in 1925 for future vertical expansion.
Major capital improvements completed during the current ownership — every core building system has been brought to current standard while preserving the property's original character. The 1925 architects designed structural capacity for future levels — opening optionality for a future operator or developer.
The Day & Nite Building anchors the 11th Street roundabout — the southern gateway corner connecting Historic Route 66, the Cathedral District, and downtown Tulsa.
A century-old Art Deco landmark fully restored top-to-bottom, with 4,680 SF of adaptable interior, 15-foot ceilings, and an original vault. Originally engineered in 1925 for future vertical expansion.
Major capital improvements completed during the current ownership — every core building system has been brought to current standard while preserving the property's original character. The 1925 architects designed structural capacity for future levels — opening optionality for a future operator or developer.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,700 SF
Building Class
C
Year Built/Renovated
1925/2022
NOI
$242,444 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.74
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
CHCBD
Parking
6 Spaces (1.62 Spaces per 1,000 SF Leased)
Frontage
86’ on Elgin Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00500-92-12-44290 | Improvements Assessment | $12,265 CAD |
| Land Assessment | $5,650 CAD | Total Assessment | $17,915 CAD |
Property Taxes
Parcel Number
00500-92-12-44290
Land Assessment
$5,650 CAD
Improvements Assessment
$12,265 CAD
Total Assessment
$17,915 CAD
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1012 S Elgin Ave
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