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8720 S Penn Ave 3,540 SF Office Building Oklahoma City, OK 73159 $615,195 CAD ($173.78 CAD/SF)
Investment Highlights
- Freestanding 3,540 SF Commercial Building
- Multiple private entrances and can be easily divided into up to three separate suites
- Flexible Office/Retail Configuration with Value-Add Potential
- Excellent signage visibility on busy S. Pennsylvania Frontage
- Separate Utility Meters
Executive Summary
FOR SALE or FOR LEASE. Freestanding commercial building located along high-visibility S Pennsylvania Ave, offering exceptional flexibility for both owner-users and investors. This 3,540 SF property features a freshly updated exterior with modern paint and strong curb appeal, creating an inviting presence along a well-traveled corridor.The building is configured with multiple private entrances and can be easily divided into up to three separate suites, making it ideal for office, medical, or service-based businesses. Separate electrical meters are already in place, supporting a straightforward multi-tenant setup.Interior spaces are functional with updated LVP flooring in key areas, while still providing an opportunity for a new owner to update finishes and customize to their needs-making this an excellent value-add opportunity.Situated on approximately 12,600+ SF site, the property includes a large concrete lot accommodating approximately 25+ parking spaces. The covered canopy walkway enhances accessibility and is well-suited for multi-tenant use or client-facing businesses.Zoned O-2 (General Office District), allowing for a variety of office, medical, and service-related uses (buyer to verify specific permitted uses). The property is currently vacant and available for immediate occupancy.With strong frontage along S Penn, flexible layout potential, and built-in multi-tenant infrastructure, this property is well-positioned for both immediate use and long-term upside.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
3,540 SF
Building Class
C
Year Built
1978
Price
$615,195 CAD
Price Per SF
$173.78 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,540 SF
Building FAR
0.24
Lot Size
0.34 AC
Zoning
O-2
Parking
20 Spaces (9.17 Spaces per 1,000 SF Leased)
Amenities
- Signage
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 3,540 SF
- Office/Retail
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 3,540 SF | Office/Retail | Full Build-Out | Now |
1st Floor
| Size |
| 3,540 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 149761140 | Total Assessment | $48,930 CAD |
| Land Assessment | $7,709 CAD | Annual Taxes | -$3,540 CAD (-$1.00 CAD/SF) |
| Improvements Assessment | $41,221 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
149761140
Land Assessment
$7,709 CAD
Improvements Assessment
$41,221 CAD
Total Assessment
$48,930 CAD
Annual Taxes
-$3,540 CAD (-$1.00 CAD/SF)
Tax Year
2025
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Luxury Real Estate
8720 S Penn Ave
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