For Sale
$650,000

324 Johnstone Ave Bartlesville, OK 74003

Historic building, restaurant/bakery, leaseback option

Overview

Added:
Dec 11, 2024
Days on market:
133
This 6,800 square foot, two-story retail building in downtown Bartlesville, Oklahoma, is available for sale with a leaseback option. Located at 324 S Johnstone Ave, this Class B property, built in 1930 and renovated in 2022, sits on a 3,500 square foot lot and is zoned C-4. The building currently houses a restaurant and bakery, which are beloved community fixtures. The upper floors offer significant potential for redevelopment into apartments or office space, presenting a unique opportunity for adaptive reuse. The basement provides additional, currently unused, square footage. The asking price is $650,000 ($95.59/sq ft). The property's prime location across from Phillips 66/ConocoPhillips offers excellent visibility and access to a large workforce. This is a rare opportunity to acquire a piece of Bartlesville's history with significant upside potential. The sale includes a leaseback option for the existing restaurant and bakery.

Highlights

  • $650,000 asking price for a 6,800 square foot retail property.
  • Sale-leaseback opportunity in a Class B building.
  • Located at 324 S Johnstone Ave, Bartlesville, OK 74003, across from Phillips 66/ConocoPhillips.
  • Features a restaurant/bakery (6,800 rentable sq ft), with potential for upper-floor apartments or offices, and an unfinished basement.
  • Built in 1930, renovated in 2022, with C-4 zoning and a 3,500 sq ft lot.

Property Details for 324 Johnstone Ave

Property type
Retail properties, Restaurants
Square Feet
6,800 SF
Class
B
Year Built/Renovated
1930/2022
Stories
2

Location Insight

City
Bartlesville
County
Washington
State
Oklahoma
Latitude
36.7502636
Longitude
-95.9773601

FAQs

What type of property is this?
Retail property - Historic building, restaurant/bakery, leaseback option
Where is the retail property located?
The property is located at 324 Johnstone Ave Bartlesville, OK.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: $650,000 asking price for a 6,800 square foot retail property.; Sale-leaseback opportunity in a Class B building.; Located at 324 S Johnstone Ave, Bartlesville, OK 74003, across from Phillips 66/ConocoPhillips.
How can I contact the broker?
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324 Johnstone Ave
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