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-split 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.**
For sale
$270,000
319 Oklahoma Blvd, Alva, OK 73717
3beds
1,440sqft
Single Family Residence
Built in 1928
0.39 Acres Lot
$261,200 Zestimate®
$188/sqft
$-- HOA
What's special
Charming interiorCommercial kitchenMultiple dining roomsStucco masonry exteriorBeautiful wood floorsExtensive storage and closetsMetal roof
- 227 days
- 30
- 0
Zillow last checked:
Listing updated:
Listed by:
Jessica Smith 580-327-7915,
Real Broker LLC
Source: Northwest Oklahoma AOR,MLS#: 20260059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Basement
- Area: 1440
Heating
- Central, Fireplace(s)
Cooling
- Electric
Appliances
- Included: Gas Oven/Range, Microwave, Refrigerator, Tankless Water Heater
Features
- Flooring: Hardwood
- Basement: Partially Finished
- Has fireplace: Yes
Interior area
- Total interior livable area: 1,440 sqft
- Finished area above ground: 1,440
- Finished area below ground: 1,440
Property
Parking
- Total spaces: 1
- Parking features: Circular Driveway, Attached/Detached Garages, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Entry location: Central Entry
- Patio & porch: Covered
- Exterior features: Rain Gutters
- Fencing: Other
Lot
- Size: 0.39 Acres
- Features: Corner Lot, Acreage: 0 up to 1/2 Acre
Details
- Parcel number: 1060000020010002UC
- Zoning: Commercial
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Raised
- Roof: Metal
Condition
- 71 Years or More
- New construction: No
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: College Hill
Location
- Region: Alva
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $238,575
- Annual tax amount: $2,010
- Price range: $270K - $270K
- Date on market: 1/15/2026
Estimated market value
$261,200
$248,000 - $274,000
$1,185/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2026 | Listed for sale | $270,000$188/sqft |
Source: | ||
| 7/21/2026 | Listing removed | $270,000$188/sqft |
Source: | ||
| 1/15/2026 | Listed for sale | $270,000+37.1%$188/sqft |
Source: | ||
| 3/24/2021 | Sold | $197,000-8.2%$137/sqft |
Source: Agent Provided Report a problem | ||
| 3/17/2021 | Pending sale | $214,500$149/sqft |
Source: | ||
| 2/9/2021 | Listed for sale | $214,500-57.1%$149/sqft |
Source: Schuessler Real Estate #10969773 Report a problem | ||
| 3/30/2016 | Listing removed | $500,000$347/sqft |
Source: SCHUESSLER REAL ESTATE Report a problem | ||
| 2/1/2016 | Price change | $500,000+66.7%$347/sqft |
Source: SCHUESSLER REAL ESTATE Report a problem | ||
| 1/23/2016 | Listed for sale | $300,000$208/sqft |
Source: SCHUESSLER REAL ESTATE Report a problem | ||
| 7/25/2015 | Listing removed | $300,000$208/sqft |
Source: SCHUESSLER REAL ESTATE Report a problem | ||
| 6/22/2015 | Listed for sale | $300,000-45.5%$208/sqft |
Source: SCHUESSLER REAL ESTATE Report a problem | ||
| 8/22/2014 | Listing removed | $550,000$382/sqft |
Source: SCHUESSLER REAL ESTATE Report a problem | ||
| 8/1/2014 | Listed for sale | $550,000+254.8%$382/sqft |
Source: SCHUESSLER REAL ESTATE Report a problem | ||
| 6/7/2012 | Sold | $155,000$108/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,046 +0.5% | $27,436 +0.5% |
| 2023 | $2,036 +20.5% | $27,299 +20.5% |
| 2022 | $1,689 +30.2% | $22,655 +30.2% |
| 2021 | $1,297 +4.2% | $17,399 |
| 2020 | $1,245 -1.7% | $17,399 -1.7% |
| 2019 | $1,267 -4.5% | $17,695 -1.6% |
| 2018 | $1,326 -3.3% | $17,990 -3.2% |
| 2017 | $1,371 +1% | $18,580 +0.6% |
| 2016 | $1,357 +4.1% | $18,462 +5% |
| 2015 | $1,304 -2.9% | $17,583 -1.5% |
| 2014 | $1,344 -0.9% | $17,843 +0.1% |
| 2013 | $1,356 +217.3% | $17,826 +220.2% |
| 2012 | $427 +6.4% | $5,567 +5% |
| 2011 | $402 +1.5% | $5,302 +5% |
| 2010 | $396 +5% | $5,050 +5% |
| 2009 | $377 +2.8% | $4,809 |
| 2008 | $367 +10.2% | $4,809 +10.2% |
| 2007 | $333 | $4,362 |
Find assessor info on the county website
Monthly payment
Est. payment




