Ardmore, OK 73401
333 W Main Street Neustadt Plaza, Ardmore, OK 73401
51,108 sq ft · Built 1977
The details
About this home
Prime value-add investment opportunity in the heart of historic downtown Ardmore. This four-story commercial office building offers approximately 51,108 square feet with 40 office suites, elevator access to all floors, covered parking, additional surface parking, and approximately 80 total parking spaces. Offered at $3,500,000, or approximately $68.48 per square foot, the property is currently approximately 75% occupied, creating additional upside through lease-up of vacant suites, tenant renewals, and rental-rate growth. Current rents are generally reported in the $12–$14/SF range. Recent capital improvements include HVAC replacements, elevator repairs, plumbing updates, and fire pump servicing/inspection, helping reduce near-term deferred maintenance concerns. The property also features an on-site cafeteria and a highly visible downtown location convenient to restaurants, government offices, shopping, and area amenities. Ideal for an investor seeking existing income with additional value-add potential through increased occupancy and continued lease optimization. Rent roll and additional financial information available to qualified buyers upon request.
Price history
History from MLS records since this home was listed.
Monthly cost
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Principal, interest, taxes, insurance, and HOA.
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Planning estimate, not a quote. Rate and insurance are editable assumptions. Taxes can change after purchase; confirm HOA dues and their frequency. Mortgage insurance, closing costs, and maintenance are not included.
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Listing provided courtesy of Rebecca Ingram, Your Property Stop Real Estate ((405) 808-5934). Status: Active.
Listings courtesy of MLSOK as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Aug 13, 2026, 10:03 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Data last updated Aug 13, 2026, 10:03 PM CT. MLS # 1241902. Homestead & Co is a licensed Oklahoma real estate brokerage.
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