118 W Broadway new Save Request In-Person Tour Request Virtual Tour
Altus,OK 73521
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 14,980 sqft
Price per Sqft $21
MLS Listing ID OKC1199684
Year Built 1960
Annual Tax Amount $1,500
Property Sub-Type Office
Property Description
Prime Commercial Opportunity in the Heart of Downtown Altus
Located on the historic downtown square in Altus, this incredible three-story building offers endless possibilities for income, development, and revitalization. Positioned directly across from the nearly completed Jackson County Courthouse, this property boasts unmatched visibility, foot traffic, and investment potential.
Main Level – Income Producing Space
The first floor is currently income-producing and features:
23 individual rooms ideal for offices, retail, or service-based businesses
4 restrooms
With its established use and layout, this level provides immediate revenue while leaving room for future modernization or tenant customization.
Second Floor – Untapped Potential
The second story includes two unused rooms at the front of the building and a larger section at the rear with multiple rooms. This level provides flexibility for additional office space, studios, or conversion to residential units. Story is there is even more rooms that can be opened up that have been covered with sheetrock over the years. A staircase leads from this floor to the true treasure of the property.
Third Floor – Historic Gem Ready to Be Revived
The third floor has remained untouched for years, yet the craftsmanship of the original woodwork remains in surprisingly good condition. This stunning space is brimming with potential—picture luxury loft apartments, Airbnb suites, artist studios, or boutique rentals.
Even better, the third level features its own exterior entrance from the ground floor, offering privacy and accessibility for future tenants or guests.
Location Highlights:
Situated on the Altus downtown square
Directly across from the soon-to-be-completed Jackson County Courthouse
High visibility, steady traffic, and proximity to shops, restaurants, and businesses
4, 5-ton A/C units have recently been installed.
Location
State OK
County Jackson
Zoning Commercial
Interior
Heating Central Gas
Cooling Central Elec
Building
Story 3
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional