Barbara Butner - Coldwell Banker Select Logo
$500,000
( $191.13Per Sq Foot )
 $2,998 est/mo Sourced by Back At You

231 E Gray Street,Norman, OK 73069

Norman, OK 73069

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Description

Located at the corner of a key intersection in the heart of Downtown Norman, offering high visibility and accessible location in one of the city’s most active and desirable areas. Its corner positioning provides strong frontage and exposure, making it an ideal site for a variety of commercial or mixed-use opportunities. Gray Street has recently been fully reconstructed by the City, featuring new sidewalks, updated lighting, improved drainage, and reconfigured street parking. These upgrades have enhanced both the functionality, value and appeal of the corridor, supporting increased foot traffic and long-term investment in the surrounding area. The property is currently zoned C-3 commercial, allowing for a wide range of uses. This site also presents an opportunity for a mixed-use concept through rezoning, aligning with the continued evolution and momentum of Downtown Norman. Just minutes from Campus Corner, the University of Oklahoma, and a growing mix of local businesses, 231 East Gray Street is well-situated for an owner or investor looking to be part of the next phase of Downtown Norman growth.

Details

MLS #1242282
Listing TypeFor Sale
StyleOffice
Sub-TypeResale
StatusActive
Year1960
Days On Site20
Listing Provided ByHeather & Company Realty Group | Morgan Duke

Features

SQ Feet2,616
Story(s)1

Taxes

Okc Tax Amount3726.0000
Tax Block15
Tax Lot15 & 16

Area Information

StateOK
CountyCleveland
CityNorman
Zip Code73069
School DistrictCleveland
Listing VS Median (in 73069)
Price:
$500,000
low | high
Med:
$274,950
95.01% of Average
sqft:
2,616
low | high
Med:
1,736
83.658256880734% of Average
$ / sqft:
$191
low | high
Med:
$158
67.074014404968% of Average
On site:
20
low | high
Med:
178
11.23595505618% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Barbara Butner

Barbara J. Butner

Coldwell Banker Select

179625GRI (405) 317-0769barbara.butner@cbokc.com
StateOK
CountyCleveland
CityNorman
Zip Code73069
School DistrictCleveland
Listing VS Median (in 73069)
Price:
$500,000
low | high
Med:
$274,950
95.01% of Average
sqft:
2,616
low | high
Med:
1,736
83.658256880734% of Average
$ / sqft:
$191
low | high
Med:
$158
67.074014404968% of Average
On site:
20
low | high
Med:
178
11.23595505618% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $375K - $625K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
315 N Crawford Avenue Property Photo 1
$365,000
315 N Crawford Avenue
Norman, OK 73069
Listing Updated: August 17, 2026 at 2:54:37 PM PDT

Barbara Butner - Coldwell Banker Select