Description
Prime value-add investment opportunity in the heart of historic downtown Ardmore. This four-story commercial office building offers approximately 51,108 square feet with 40 office suites, elevator access to all floors, covered parking, additional surface parking, and approximately 80 total parking spaces. Offered at $3,500,000, or approximately $68.48 per square foot, the property is currently approximately 75% occupied, creating additional upside through lease-up of vacant suites, tenant renewals, and rental-rate growth. Current rents are generally reported in the $12–$14/SF range. Recent capital improvements include HVAC replacements, elevator repairs, plumbing updates, and fire pump servicing/inspection, helping reduce near-term deferred maintenance concerns. The property also features an on-site cafeteria and a highly visible downtown location convenient to restaurants, government offices, shopping, and area amenities. Ideal for an investor seeking existing income with additional value-add potential through increased occupancy and continued lease optimization. Rent roll and additional financial information available to qualified buyers upon request.
Location
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Listings courtesy of Oklahoma City Metropolitan Association of REALTORS® as distributed by MLS GRID.
IDX information is provided exclusively for consumers' personal, noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end-user license agreement prescribed by the applicable MLS, as amended from time to time.
Based on information submitted to the MLS GRID as of 9th November, 2026 6:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 9th November, 2026 6:22 PM (UTC)
Listings courtesy of Oklahoma City Metropolitan Association of REALTORS® as distributed by MLS GRID.
IDX information is provided exclusively for consumers' personal, noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of MLS GRID data may be subject to an end-user license agreement prescribed by the applicable MLS, as amended from time to time.
Based on information submitted to the MLS GRID as of 9th November, 2026 6:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Updated: 9th November, 2026 6:22 PM (UTC)
Listed by: Rebecca Ingram; Your Property Stop Real Estate; (405) 808-5934; rebeccaforhomes@gmail.com
