$470,000

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.