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About This Home
This 3-bedroom, 2-bathroom single family at 319 Oklahoma Blvd in Alva, OK is listed for $270,000 ($188 per sqft). Built in 1928, the home offers 1,440 sqft of living space on a 0.39 acres lot.
Turn-key commercial property located in one of the best spots in Alva - positioned at a signalized intersection on Highway 64 with outstanding visibility, access, and frontage. The building offers approximately 1,440 sq ft on the main level with an additional 1,440 sq ft partially finished basement that includes an office, storage rooms, mechanicals, and a half bathroom.
Situated on three lots totaling 0.39 acres, the site includes a 20x18 detached garage, a paved concrete circle drive at the front of the building, and additional gravel parking to the west and rear. The property is currently built-out as a restaurant featuring multiple dining rooms, a coffee/bar lounge area, a covered patio with pergola, a commercial kitchen, and bakery/prep space.
Prior to conversion, the building was used as a retail storefront and could easily convert back to retail, office, or other commercial uses if desired. The property is zoned commercial and offers a flexible layout for a variety of business types. Features include a metal roof, stucco masonry exterior, central heat and air with an additional mini-sp
lit for the kitchen, one bathroom on the main level plus a half bath in the basement, handicap accessibility, extensive storage and closets, commercial sinks and prep areas, beautiful wood floors, and a charming interior. The outdoor covered patio includes electronics, lighting, fans, tables, and seating.
Central mechanicals, including a tankless water heater, are located in the basement. The current operator has maintained fire/hood/grease compliance and the property includes an electronic billboard with monthly income located on the three-lot site. This is a highly visible commercial location with strong local and college traffic (NWOSU) along a major commercial corridor.
An excellent option for a buyer seeking a restaurant/coffee concept, retail storefront, office space, or mixed commercial use. Sellers prefer to convey equipment and furnishings to support continuation of restaurant use for the community. **The real estate and equipment are being sold, not the business.**
Key Features
- Built in 1928
- 0.39 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,444/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
319 Oklahoma Blvd
Alva, OK 73717-73
College Hill
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Pool Features
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 319 Oklahoma Blvd is listed at $270,000 ($188/sqft). The estimated monthly payment is $1,170 based on 20% down at 6.5% interest.
Key features include: Built in 1928, 0.39 acre lot, Fireplace. Interior Features: Hardwood Floors. Exterior Features: Fence-Other, Covered Patio, Guttering.
This property is listed by Jessica Smith and can be reached at 5803277915 or jessica.smith@nwokrealestate.com.








