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2505 W Main St 46,951 SF Vacant Retail Building Norman, OK 73069 $10,242,450 CAD ($218.15 CAD/SF)
Investment Highlights
- Direct frontage along W Main Street with excellent visibility and prominent pylon signage.
- Situated in a high-traffic corridor with steady daily counts, surrounded by national retailers and dense residential communities.
- 4.9-acre lot with ample surface parking featuring 150 spaces (ratio of 1.54 per 1,000 SF).
- Immediate access to Interstate 35 and close proximity to the University of Oklahoma.
- Flexible, multi-tenant layout with numerous overhead doors for varied operational needs.
- Zoned C2 with Building Class B classification, supporting diverse commercial uses.
Executive Summary
This retail asset at 2505 W Main Street offers a significant investment or owner-user opportunity in Norman’s most active commercial corridor. Spanning 4.9 acres with direct frontage on W Main Street and immediate access to Interstate 35, the property captures strong visibility and consistent traffic flow. Its expansive, single-story building with a flexible multi-tenant layout is well-suited for a range of uses such as retail, automotive, showroom, or service operations.
With nearby anchors such as Walmart Supercenter, ALDI, Chick-fil-A, and Golden Corral, along with proximity to the University of Oklahoma, the property is positioned to benefit from dense residential neighborhoods and robust consumer demand. Ample parking with 150 spaces (1.54 per 1,000 SF) and prominent signage options further enhance its positioning. Zoned C2 and featuring overhead doors with varying heights of 10–14 feet, this site combines operational versatility with strong real estate fundamentals, offering an attractive upside for repositioning, leasing strategies, or long-term holding in Norman’s established retail corridor.
With nearby anchors such as Walmart Supercenter, ALDI, Chick-fil-A, and Golden Corral, along with proximity to the University of Oklahoma, the property is positioned to benefit from dense residential neighborhoods and robust consumer demand. Ample parking with 150 spaces (1.54 per 1,000 SF) and prominent signage options further enhance its positioning. Zoned C2 and featuring overhead doors with varying heights of 10–14 feet, this site combines operational versatility with strong real estate fundamentals, offering an attractive upside for repositioning, leasing strategies, or long-term holding in Norman’s established retail corridor.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
46,951 SF
Building Class
C
Year Built
1961
Price
$10,242,450 CAD
Price Per SF
$218.15 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
4.90 AC
Zoning
C2 - General Commercial District
Parking
150 Spaces (1.54 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R0043725 | Improvements Assessment | $280,611 CAD |
| Land Assessment | $260,272 CAD | Total Assessment | $540,883 CAD |
Property Taxes
Parcel Number
R0043725
Land Assessment
$260,272 CAD
Improvements Assessment
$280,611 CAD
Total Assessment
$540,883 CAD
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2505 W Main St
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