For Sale $1,000,000
Property Type VacantLand
Property Size 28,956 SF
Units 47
Lot Size 2.28 Acre
Additional Rent Contact for pricing
Year Built 1910
Year Renovated 1980
Date Updated Jul 30, 2024

The site is located East of the intersection of NW 10th Street and N Pennsylvania, on the Southside of the street.The Whittier Lofts project presents an opportunity to repurpose a century-old school in Oklahoma City's urban core into much-needed housing. With its construction dating back to 1910 and its inclusion on the Historic Register, the school is eligible for Historic Tax credits, which can provide financial incentives for its restoration and preservation. Some owner financing is a possibility. The city has issued a Simplified Planned Unit Development (SPUD) for the project, allowing for the construction of 31 units within the existing school building. These units are designed to showcase attractive features such as 14-foot tall ceilings, exposed brick and concrete, and large loft-style windows, creating a unique and desirable living space for residents. Additionally, the property's location in the Ten-Penn area aligns well with the city's plans for improvement. The Ten-Penn area, spanning from 10th Street North to the 16th Street Plaza District, has been targeted for revitalization through initiatives like streetscaping, lighting enhancements, and road widening. This focused effort has attracted significant investor capital, leading to renovations and new developments in the area. As a result, the Ten-Penn area is experiencing a resurgence, and it is anticipated that these positive changes will continue to enhance the neighborhood over time. In addition to the 31 units in the school building, the project also includes plans for 16 units in the Annex, situated on the 2.28-acre site. This brings the total number of planned units to 47, providing a substantial housing opportunity within the Whittier Lofts development. Overall, the Whittier Lofts project combines the preservation of a historic building with the creation of much-needed housing in Oklahoma City's urban core. Its location within the Ten-Penn area, which is undergoing significant improvements, further enhances the project's potential for success.

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Attachments

Sale Flyer (PDF) opens in new window

Highlights

Eligible for Historic Tax Credits
Low-Income Tax Credits - LIHTC
Located in a QCT
Close to Saint Anthony Hospital and Midtown OKC
Close to the Plaza District
Zoned R4 (spud 1447)
The median income for Oklahoma County is $85,300
$453,932 Proposed Gross Income
$170,000 proposed NOI

Contacts

Tripp Cunningham

eXp Commercial

Location

Getting Around

Walk Score ®
66/100 Somewhat Walkable
Transit Score ®
46/100 Some Transit
Bike Score ®
61/100 Bikeable

Map
Street

City Oklahoma City, OK
Neighborhood Metro Park
Zip Code 73106
Market Oklahoma City

Points of Interest

Dewey Avenue

1.19 miles
Midtown

1.38 miles
North Hudson

1.40 miles
Transit Center

1.45 miles
Library

1.53 miles
Northwest 10th Street

1.54 miles
Law School

1.57 miles
Memorial Museum

1.61 miles
Myriad Gardens

1.61 miles
Federal Courthouse

1.63 miles

El Paisano Virginia Food Mart

0.16 miles
Valero

0.21 miles
Seven Eleven Food Stores

0.73 miles
Discount Cigarettes and Food Store

0.74 miles
7-Eleven

0.76 miles
Garry Beel Oil Service

0.78 miles
Villa Auto Plaza

0.78 miles
Classen Star

0.83 miles
Phillips 66 Taylor Made Auto Repair

0.96 miles
Tesla Supercharger

6.17 miles

Laundry Parking

0.77 miles
Apartment Parking

0.78 miles
Oklahoma City Police Association

1.36 miles
Oklahoma Community Health Services

1.38 miles
Charter Parking Garage

1.38 miles
Variety Health Centers

1.38 miles
Central Parking System Lot 203

1.39 miles
Oklahoma Parking

1.40 miles
Central Parking

1.40 miles
Church Parking

1.41 miles

Classen Inn Motel

0.88 miles
The Grandison at Maney Park

1.05 miles
Fordson Hotel

1.16 miles
Century Hotel

1.24 miles
Ambassador Hotel Oklahoma City, Autograph Collection

1.30 miles
Cline Hotel

1.49 miles
Hadden Hall Midtown Apartments

1.51 miles
Colcord Hotel

1.72 miles
Sheraton

1.80 miles
The Skirvin Hilton Oklahoma City

1.81 miles

TWS Afab Catering

0.13 miles
The Hungry Frog

0.25 miles
Nick's

0.29 miles
Nics Grill

0.30 miles
Empire Slice Pizza

0.54 miles
The Press

0.55 miles
One Star Food Intellistar Family Neighborhood Store

0.56 miles
Aurora Breakfast, Bar & Backyard

0.58 miles
Gorõ Ramen

0.59 miles
Jonnies Café

0.84 miles

Hawthorne Elementary School

0.68 miles
Rosary Catholic School

0.72 miles
Eugene Field Elementary School

0.73 miles
Classen High School of Advanced Studies

0.85 miles
Gatewood Elementary School

0.93 miles
Mark Twain Elementary School

1.01 miles
Oklahoma City University

1.05 miles
Villa Teresa Catholic School

1.17 miles
Astec Charter High School

1.18 miles
Emerson Alternative High School

1.25 miles

First Start Childrens Center

0.81 miles
Carver Mark Twain Head Start (Kiwanis Special Activities Fund)

0.94 miles
University Chosen Few Childcare Center

1.04 miles
Apple Tree Early Childhood Daycare Center and Development

1.60 miles
Kiddie Village Head Start

2.61 miles
Candyland Child Development Center

3.26 miles
Small Society Child Development Center

5.74 miles
Wonderland

7.07 miles
Childtime Child Care

7.61 miles
Santa Fe Child Development Center

9.72 miles

Frequently Asked Questions

How much does Whittier Lofts cost?

The space currently listed for sale at Whittier Lofts asks for $1,000,000.

What is the total square footage of Whittier Lofts?

Whittier Lofts totals 28,956 square feet.

When was this property built?

Whittier Lofts was built in 1910.

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