504 Flynn, Alva, OK 73717

Downtown Commercial Building with Residential Income Potential!  Welcome to 504 Flynn, a unique and versatile commercial property in the heart of downtown Alva, Oklahoma, home to Northwestern Oklahoma State University. This exceptional building offers a rare opportunity for investors, entrepreneurs, and owners/users alike.  Commercial Space (Currently Leased):  ·       Currently operating as a beauty shop, retail store and storage facility ·       High-visibility location with ample foot traffic and exposure ·       3,500 sq ft MOL of open space with endless possibilities for redevelopment .       1,000 sq ft MOL storage warehouse with truck/delivery door ·       Perfect for retail, office, restaurant, or entertainment use  Residential Income Potential (Currently Leased):  ·       3,500 sq ft MOL upstairs apartment with separate entrance .       1 bedroom with a closet, 2 rooms without closets, 1-bathroom, large living area and a full kitchen ·       Ideal for owner occupancy or conversion to a lucrative Airbnb property ·       Capitalize on the demand for short-term and long-term rentals from university students, faculty, and visitors  Key Features:  ·       Downtown location with easy access to shops, restaurant, bar, movie theater, grocery store, pharmacy and university campus ·       Street parking or garage parking in the back, currently used for storage.  ·       Building has been well-maintained with updates throughout ·       Endless opportunities for redevelopment and rebranding  Investment Highlights:  ·       Strong potential for rental income from commercial and residential spaces ·       Benefit from the growing demand for downtown living and entertainment ·       Proximity to Northwestern Oklahoma State University and nearby tourist attractions ensures a steady stream of potential tenants and customers .       Owner willing to sell with contents of salon and boutique.  Don't miss this exceptional opportunity to own a piece of downtown real estate!