Former Fraternity House - University of Oklahoma

For Sale

702 S Lahoma Ave, Norman, OK 73072

This Norman property for sale is located at 702 S Lahoma Ave. The current listed sale price for Former Fraternity House - University of Oklahoma is $2,250,000. Former Fraternity House - University of Oklahoma is situated on a lot that is 0.62 acre in size.

Contacts

broker
Mitch Hammack

Creek Commercial Realty

Property Details

  • Property Type Other
  • Property Size 10,348 SF
  • Units 22
  • Lot Size 0.62 Acre
  • Property Tenancy Single Tenant
  • Year Built 1930
  • Year Renovated 2020
  • Date Updated Jun 5, 2025
Former Fraternity House - University of Oklahoma in Norman, OK. Set in a vibrant neighborhood near the University of Oklahoma, this property offers an exceptional location for a Multifamily Investor. Embrace the potential to reimagine this historic building with access to an array of local points of interest, including the lively energy of Campus Corner and the enriching cultural experiences presented at the Fred Jones Jr. Museum of Art. With its strategic location near the heart of the university, this property presents a unique chance for an investor to craft a bespoke space that resonates with the distinctive charm of this dynamic community.Situated just off the University of Oklahoma campus, 702 S Lahoma Ave presents a unique opportunity to own a large-scale, purpose-built fraternity house in the heart of Norman. Spanning 10,348 square feet across three stories, the property is currently configured with 22 individual rooms, shared restrooms on each level, a fully finished basement, and a full commercial-grade kitchen ideal for large-scale meal prep and service. Common areas throughout the building offer ample space for gatherings, meetings, and events, while the basement adds versatile space for recreation, storage, or additional programming. The property’s proximity to campus makes it highly walkable and appealing to students, faculty, and Greek organizations alike. With its existing layout and infrastructure, the building is well-positioned for continued use by fraternities or sororities, or for adaptive reuse as group housing, student living, or a private dormitory-style investment.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Community Style Restrooms and Showers on each floor
  • Finished Basement
  • Former Fraternity House with 22 Rooms
  • Full Commercial Kitchen
  • Walking distance to OU Campus

Getting around

  • 65/100

    Walk Score ®

  • 91/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Norman, OK
  • Neighborhood McKinley
  • Zip Code 73072
  • Market Oklahoma City

Points of Interest

  • Norman

    0.91 miles

  • Biloxi/Beaumont (Kennedy School)

    1.90 miles

  • Campus Corner Market

    0.55 miles

  • Circle K

    0.65 miles

  • Sooner Super Mart

    0.87 miles

  • Homeland Gas Station

    0.88 miles

  • Mr. Shortstop

    1.10 miles

  • Scissortail Travel Stop

    1.21 miles

  • Conoco

    1.31 miles

  • Sinclair

    1.35 miles

  • 7-Eleven

    1.39 miles

  • Goddard Patient Lot

    0.22 miles

  • Elm Avenue Parking Facility

    0.22 miles

  • Goddard Faculty Lot

    0.22 miles

  • Oklahoma Memorial Union Parking Center

    0.45 miles

  • Asp Avenue Parking Facility

    0.51 miles

  • Brooks-Jenkins Lot

    0.64 miles

  • Jenkins Parking Garage

    0.75 miles

  • Duck Pond Parking Lot

    0.75 miles

  • Callaway House Parking Garage

    0.80 miles

  • Headington Hall Parking

    0.82 miles

  • The Cutting Garden Bed & Breakfast

    0.20 miles

  • The Noun Hotel

    0.45 miles

  • Thunderbird Lodge, LLC

    1.58 miles

  • La Quinta Inn & Suites

    1.75 miles

  • America's Best Value Inn

    1.77 miles

  • OU Motel

    1.77 miles

  • Days Inn by Wyndham Norman

    1.80 miles

  • Country Inn & Suites

    1.81 miles

  • Super8 Norman

    1.81 miles

  • Norman Travelodge

    1.92 miles

  • Sprouts Farmers Market

    0.69 miles

  • Homeland

    0.94 miles

  • Natural Grocers

    1.18 miles

  • Big Lots

    1.52 miles

  • ALDI

    1.61 miles

  • Smart Saver

    1.69 miles

  • Walmart Supercenter

    1.88 miles

  • Ross

    1.88 miles

  • Parkway Plaza

    1.96 miles

  • Walmart Neighborhood Market

    1.99 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Mitch Hammack

Creek Commercial Realty

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.