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504 Flynn Alva, OK 73717
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Key Details
Sold Price $200,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 5,939 sqft
Price per Sqft $33
Subdivision Alva O T
MLS Listing ID 20241497
Sold Date 08/21/25
Bedrooms 3
Full Baths 1
HOA Y/N No
Annual Tax Amount $1,296
Property Sub-Type Single Family Residence
Property Description
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 sq ft MOL of open space with endless possibilities for redevelopment . 1,000 sq ft MOL storage warehouse with truck/delivery door · Perfect for retail, office, restaurant, or parties. Residential Income Potential: · 2,500 sq ft mol 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!
Location
State OK
Interior
Interior Features Garage Utility
Heating Central Electric
Cooling Gas
Exterior
Parking Features Attached
Garage Spaces 1.0
Roof Type Other,Flat
Garage Yes
Building
Sewer Public Sewer
Water Public
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