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31086295
31086296

313 E 2nd St S, Tulsa, OK 74120

KB
OK 184596
McGraw Commercial Properties
ND
OK OK 145000
McGraw Commercial Properties
DB
OK OK 206787
McGraw Commercial Properties
Listed by McGraw Commercial Properties
$3,000,000
99 days on market
Updated 21 days ago
Opportunity zone

313 E. 2nd St

Details
Property Type Retail
Sub Type Bar, Restaurant
Square Footage 7,000
Units 1
Cap Rate 2.63%
NOI $79,000
Occupancy 35.7%
Tenancy Multi
Lease Type NNN
Price per SqFt $429
Year Built 1929
Year Renovated 2022
Buildings 1
Stories 1
Acreage 0.160
Zoning CBD (Central Business District)
Investment Type Sale/Leaseback

Downtown Retail/Restaurant Building - 7,000 SqFt

Marketing description

Positioned in the heart of downtown Tulsa’s vibrant entertainment corridor, 313 E. 2nd Street presents a rare opportunity to acquire a prime, character-rich retail/restaurant building with immediate occupancy and established tenancy. The property consists of approximately 7,000 square feet on a 0.16-acre site, with 4,500 square feet available for an owner-user or tenant and 2,500 square feet currently leased to the acclaimed restaurant La Tertulia.

This property offers a compelling opportunity for an owner-operator with built-in stabilized income, near two of Tulsa’s most active downtown districts, the Blue Dome District and Tulsa Arts District. The surrounding area is characterized by a dense cluster of restaurants, nightlife, cultural venues, and downtown residential developments, creating strong daytime and evening foot traffic. Recent capital improvements and renovations enhance the value of this building, with many of the major items recently replaced or repaired.

Investment highlights

  • Built in 1929, renovated in 2022

  • +/- 7,000 SF on 0.16 Acres

  • Zoned CBD (Central Business District)

  • FEMA Flood Zone - Zone X (Area of Minimal Hazard)

  • Masonry construction, with concrete slab foundation and TPO roof system, and an enclosed outdoor seating area

  • Parking - Street parking, and pay-to-park American Parking lots to the East & South

  • Fire Suppression System

  • Fully Climate Controlled

  • Wired Security System

  • Four (4) ADA Restrooms

  • FF&E can be included - Contact Broker for List

Listing Contacts

KB
OK 184596
McGraw Commercial Properties
ND
OK OK 145000
McGraw Commercial Properties
DB
OK OK 206787
McGraw Commercial Properties
Listed by McGraw Commercial Properties

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$79,000.00
$6,583.33/mo

Valuation Metrics

0
DSCR
2.63%
Cap Rate
2.63%
ROI

Map

Zoning

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CBD CommercialCore CommercialCentral Business District
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Last updated Apr 21, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Kalvin Burghoff
License
184596
Brokerage
McGraw Commercial Properties
Title
Vice President
Brokerage Address
4105 South Rockford Avenue
Name
Neil Dailey, SIOR
License
OK 145000
Brokerage
MCP
Brokerage Phone
9183889500
Title
EVP
Brokerage Address
4105 South Rockford Place
Name
Dakota Brasher
License
OK 206787
Brokerage
McGraw Commercial Properties
Brokerage Phone
9189485778
Title
Sales Associate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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