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PRICE $470,000 dsIDX morgage calculator
SIZE 2,616 sqft
LOT SIZE n/a
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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.

DAYS ON MARKET 72 LAST UPDATED 9/21/2026
YEAR BUILT 1960 COUNTY Cleveland
STATUS Active PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Sep 21, '26 $500,000
Sep 21, '26 - Today $470,000


ADDITIONAL DETAILS
AIR Electric
AIR CONDITIONING Yes
LOT 0
LOT DESCRIPTION Corner Lot
SEWER Public Sewer
STORIES 1
WATER Public
ZONING Commercial
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
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*Estimate only
Listing provided by Morgan Duke | 405-210-6436, Heather & Company Realty Group
Copyright© 2026 MLSOK, Inc. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. The listing information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc.
Information last updated on 10/10/26 11:13 PM PDT.

This IDX solution is (c) Diverse Solutions 2026.


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