Prime Downtown Location in Oklahoma’s Revitalization Success Story
Capitalize on Ponca City’s downtown renaissance with this substantial multi-unit property positioned in the heart of the city’s historic commercial district. This unique investment opportunity offers exceptional square footage and multiple income streams in one of Oklahoma’s most actively supported downtown revitalization areas.
Property Highlights:
- 10,508 total square feet of versatile space
- 20 individual units/rooms maximizing rental income potential
- Historic downtown location on North 3rd Street corridor
- Recent market validation with 2019 transaction at $75,000
- Significant value-add potential in rapidly improving district
Location Advantages:
Downtown Ponca City Revival Zone – Where heritage meets opportunity:
- Active Main Street Program supporting downtown economic development
- Focused efforts toward economic growth, historical preservation, and cultural development
- Revitalization creating thriving retail, dining, and entertainment venues
- Strong municipal support for downtown business development
- Easy access to all city services and major transportation routes
Market Strengths:
- Small-town stability with big-city investment potential
- Diversified local economy supporting consistent rental demand
- Affordable cost of living attracting long-term residents
- Active economic development authority promoting business growth
- Historic preservation incentives potentially available
Investment Appeal:
- Multiple revenue streams from 20 individual units
- Substantial square footage offering flexibility for various uses
- Downtown location benefiting from ongoing revitalization efforts
- Entry-level investment with significant upside potential
- Strong fundamentals in supported economic development zone
Development Potential:
This property’s substantial size and strategic downtown location present numerous possibilities:
- Multi-family residential conversion or continuation
- Mixed-use development combining residential and commercial
- Extended stay or boutique lodging concept
- Professional office suites or co-working space
- Retail and service business opportunities
The Opportunity:
Position yourself at the forefront of Ponca City’s downtown transformation. This property offers the rare combination of substantial space, multiple income potential, and location in an actively supported revitalization district – all at an accessible price point.