Former Fraternity House - University of Oklahoma

Highlights:

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

Description:

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.

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.