504 Flynn, Alva, OK 73717
Local realty services provided by:ERA Courtyard Real Estate
504 Flynn,Alva, OK 73717
$225,000
- 3 Beds
- 1 Baths
- 5,939 sq. ft.
- Single family
- Pending
Listed by:jessica smith
Office:real broker llc.
MLS#:20241497
Source:OK_NWOAR
Price summary
- Price:$225,000
- Price per sq. ft.:$37.89
About this home
Prime Downtown Commercial Building with Residential Income Potential! Welcome to 504 Flynn, a unique and versatile commercial property in the heart of downtown Alva, Oklahoma, home to Northwestern Oklahoma State University. This exceptional building offers a rare opportunity for investors, entrepreneurs, and owners/users alike. Commercial Space: · Formerly served as a beauty shop, retail store and storage facility · High-visibility location with ample foot traffic and exposure · 2,439 sqft MOL of open space with endless possibilities for redevelopment . 1,000 sqft MOL storage warehouse with truck/delivery door · Perfect for retail, office, restaurant, or parties. Residential Income Potential: · 2,500 sqft upstairs apartment with separate entrance . 1 bedroom with a closet, 2 rooms without closets, 1-bathroom, large living area and a full kitchen · Ideal for owner occupancy or conversion to a lucrative Airbnb property · Capitalize on the demand for short-term rentals from university students, faculty, and visitors Key Features: · Prime downtown location with easy access to shops, restaurant, bar, movie theater, grocery store, pharmacy and university campus · Street parking or garage parking in the back, currently used for storage. · Building has been well-maintained with updates throughout · Endless opportunities for redevelopment and rebranding Investment Highlights: · Strong potential for rental income from commercial and residential spaces · Benefit from the growing demand for downtown living and entertainment · Proximity to Northwestern Oklahoma State University and nearby tourist attractions ensures a steady stream of potential tenants and customers . Owner willing to sell with contents of salon and boutique. Don't miss this exceptional opportunity to own a prime piece of downtown real estate! *FOR SALE & FOR LEASE* Inquire for details.
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Home facts
- Listing Id #:20241497
- Added:329 day(s) ago
- Updated:August 15, 2025 at 07:44 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Living area:5,939 sq. ft.
Heating and cooling
- Cooling:Central Gas
- Heating:Central Electric
Structure and exterior
- Building area:5,939 sq. ft.
Utilities
- Water:City Water
- Sewer:City Sewer
Finances and disclosures
- Price:$225,000
- Price per sq. ft.:$37.89
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