7201 Council Rd Oklahoma City, OK 73169

This 1,698-square-foot industrial property, located at 7201 S Council Rd in Oklahoma City, OK 73169, presents a unique investment opportunity. Built in 1963 and renovated in 2006, the property sits on a 1.59-acre lot and features a well-maintained office area comprising three offices, a large conference room, two bathrooms, and a kitchenette. The warehouse/shop area sustained fire damage, resulting in a price reduction from $450,000 to $400,000. This price reflects the need for repairs or potential demolition and rebuilding to suit the new owner's needs. The property is currently vacant and offers flexibility for various uses. The site includes a gravel and fenced yard. Note that the seller retains ownership of a leased portion of the property, which will revert to the new owner upon the expiration of an existing cell tower lease. This single-story building offers significant potential for redevelopment or repurposing. The property's location in Oklahoma City provides convenient access to major transportation routes and amenities. This is an excellent opportunity for owner-occupants or investors seeking a value-add project.