Located at the corner of a key intersection in the heart of Downtown Norman, offering high visibility and accessible location in one of the city’s most active and desirable areas. Its corner positioning provides strong frontage and exposure, making it an ideal site for a variety of commercial or mixed-use opportunities. Gray Street has recently been fully reconstructed by the City, featuring new sidewalks, updated lighting, improved drainage, and reconfigured street parking. These upgrades have enhanced both the functionality, value and appeal of the corridor, supporting increased foot traffic and long-term investment in the surrounding area. The property is currently zoned C-3 commercial, allowing for a wide range of uses. This site also presents an opportunity for a mixed-use concept through rezoning, aligning with the continued evolution and momentum of Downtown Norman. Just minutes from Campus Corner, the University of Oklahoma, and a growing mix of local businesses, 231 East Gray Street is well-situated for an owner or investor looking to be part of the next phase of Downtown Norman growth.
Details
MLS #
1242282
Listing Type
For Sale
Style
Office
Sub-Type
Resale
Status
Active
Year
1960
Days On Site
20
Listing Provided By
Heather & Company Realty Group | Morgan Duke
Features
SQ Feet
2,616
Story(s)
1
Taxes
Okc Tax Amount
3726.0000
Tax Block
15
Tax Lot
15 & 16
Area Information
State
OK
County
Cleveland
City
Norman
Zip Code
73069
School District
Cleveland
Listing VS Median (in 73069)
Price: $500,000
low | high
Med: $274,950
95.01% of Average
sqft: 2,616
low | high
Med: 1,736
83.658256880734% of Average
$ / sqft: $191
low | high
Med: $158
67.074014404968% of Average
On site: 20
low | high
Med: 178
11.23595505618% of Average
Sourced by Back At You
MLS Number: 1242282
Morgan Duke – (405) 210-6436 – morganpduke@gmail.com
Heather & Company Realty Group – (405) 735-1777 – hschleeper@gmail.com
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MLS Number: 1242282
Morgan Duke – (405) 210-6436 – morganpduke@gmail.com
Heather & Company Realty Group – (405) 735-1777 – hschleeper@gmail.com