Investment Overview
Originally constructed in 1928 as the “Building & Loan Association,” this iconic two-story brick structure was later home to a T.G.&Y. variety store — a beloved Oklahoma retail brand. Built as a cornerstone of Capitol Hill’s original downtown retail corridor, the property now stands ready for its next transformation. The two-story brick asset has been structurally maintained and thoughtfully upgraded with a new passenger elevator, HVAC systems, 3-phase electric, and extensive plumbing throughout. The layout includes 7,000 SF column supported open ground floor space, a mezzanine overlook, and alley access with a freight elevator shaft in place (retrofit potential).
With timeless materials, solid construction, and urban positioning, this property stands out for owner-users and developers alike in one of Oklahoma City's most exciting emerging districts. The surrounding investment, walkability, and rich cultural heritage make Capitol Hill a contender for the next frontier in urban growth, ripe for development-minded owners, creatives, and operators to take part in and be at the front door in the renewed interest in the corridor.
Investment Highlights
- Over $1 billion in surrounding investment (appx. 1 mile radius)
- Near transit lines and regional connector corridors
- Great visibility and signage opportunities on heavily traveled street.
- Half a block from the future centerpiece of Capitol Hill — $3M Plaza coming 2025
- Owner is willing to consider a lease
- Historic Capitol Hill