1306 N Pennsylvania Ave
1306 N Pennsylvania Ave, Oklahoma City, OK 73107
$749,900
Price
6,720
Building SF
($8,616)
NOI
$112
Price Per SF
14,000
Land SF
0.32
Land Acres
Investment Highlights
• Versatile 6,720 SF warehouse on 0.32 acres with SPUD-1173 zoning — permits all C-1 commercial uses plus wholesale, storage & distribution • Prime N Pennsylvania Ave corridor location minutes from Downtown OKC with direct access to I-40 and I-235 • Solid masonry/brick veneer construction (60%+ masonry façade) built in 1991 with package HVAC and slab foundation • Strong income potential with units leasable at $1,000/month — ideal for owner-user or investor • High-traffic corridor with approximately 9,194 AADT along Penn Ave • Below-replacement-cost pricing at $111.58/SF — significant value-add opportunity
Property Description
Horner, McClure & Associates is pleased to present 1306 N Pennsylvania Ave, a 6,720 SF industrial warehouse on 0.32 acres in Oklahoma City's Penn Ave corridor. The property operates under SPUD-1173, a City Council-approved Planned Unit Development (Ordinance No. 26,403, March 2020) with C-1 Neighborhood Commercial base zoning. Permitted uses include all C-1 commercial uses, wholesale/storage & distribution, and agricultural processing. Built in 1991, this masonry and brick veneer building features a slab foundation, package HVAC, shed roof, 30-foot ceiling height, and 10 on-site parking spaces. The site includes an 8-foot stockade fence with brick pillars along the east and north boundaries. Currently vacant with immediate occupancy and units available at $1,000/month. Legal Description: Lots 1-6, Block 20, Young's Englewood Addition, Oklahoma City, Oklahoma County. Contact Horner, McClure & Associates for additional details or to schedule a showing.
Location Overview
• Situated on N Pennsylvania Ave, one of OKC's primary north-south corridors connecting Downtown to the Capitol Hill and Midtown districts • 2.5 miles south of Downtown Oklahoma City and the central business district • Direct access to I-40 (1.5 miles south) and I-235 (1 mile east), connecting to the broader interstate system • Approximately 9,194 AADT traffic count on Penn Ave — strong visibility and drive-by exposure • Surrounded by a mix of commercial, industrial, and residential uses in a transitioning urban corridor • Oklahoma City MSA population of 1.4M+ with a diversified economy led by energy, aerospace, healthcare, and government sectors • 73107 zip code median household income of $55,881 with an unemployment rate of 3.1-4.3%
Levi Horner
Commercial Real Estate Broker
(405) 408-4329
levi@hmassociates.us
176428
Jake McClure
Partner
(405) 535-6518
Jake@hmassociates.us
177330
Yen Phi
Agent
(214) 263-7788
YenVCRE@gmail.com
177396
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