Multi-tenant class “C” office building with on-site parking on the southeast corner of 7th Street and Houston Ave. Previously occupied by several departments of the City of Tulsa, the building has five levels and includes a covered parking area.
The location is ideal for quick access to the Maxwell Convention Center, OSU Medical Center, Tulsa Public Library and several municipal buildings that include city and county courts, sheriff and police. Location is also just a short walk to the BOK Center.
The entire structure has about 51,580 square feet (per assessor's records). The first level is covered parking and levels 2-5 are general office, with approximately 37,755 square feet of net rentable space.
The building was constructed in 1966 and what was then a second-level parking garage was converted to office space during a 1981 upgrade.
Following this on-site auction on May 16th at 1pm, the City of Tulsa will be selling two residential lots at 2:30 pm at 71st Street and Evanston Avenue.
Public Right-of-Way Disclosure. Buyer acknowledges that conveyance of Propertyis subject to the City of Tulsa's statutory right to re-open public rights-of-way for an alley and a street (Galveston St.). Said public right to re-open may impact the ability to secure title insurance. Buyer should investigate and determine property boundaries and all possible encroachments prior to bidding. Buyer agrees to accept in 'as-is, where-is' condition, and accepts all responsibility associated with said public rights-of-way. Buyer should conduct an investigation into the property and seek the assistance of professionals if necessary prior to bidding.
The property had an environmental issue regarding mold due to excessive humidity levels. To remediate this issue, the HVAC system, including all duct work and mechanical units, were replaced. All ceiling tiles were replaced and the property was fogged on numerous occasions to eliminate issues regarding the sheetrock and interior finishes.
OK Broker: Bradford Peter White Re Lic 149972; Williams & Williams Re Lic 080495