Luther OK Commercial for Sale

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Type:
Other
Sq.Ft.:
4,964
Status:
Active
Beds:
n/a
Lot size:
0.08 Acres
Year built:
1900
Baths:
MLS#:
OKC1131376

ADDITIONAL INFORMATION

Introducing a completely restored 19th century building nestled in downtown Luther, Oklahoma just a stone's throw away from Route 66. This prime location presents an exciting opportunity for any new owner or operator looking to open a restaurant, retail, or business and cater to the flourishing population along the Oklahoma City/Luther border. The property boasts an expansive dining room, room for a chef's kitchen, ADA-compliant bathrooms, multiple offices, and even event space. Don't miss out on the chance to witness the allure and the extraordinary rapport this property has built with its residents and customers over the past 8 years.

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Andrea D. Conner, License 174780, Xome Inc., License 160102, [email protected], 844-400-XOME (9663), 4403 Rams Horn Ln, Arlington, TX 76005


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Luther Real Estate

The median home value in Luther, OK is $425,000. This is higher than the county median home value of $193,400. The national median home value is $338,100. The average price of homes sold in Luther, OK is $425,000. Approximately 79.91% of Luther homes are owned, compared to 9.29% rented, while 10.81% are vacant. Luther real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Luther real estate agent to arrange a tour today!

Luther, Oklahoma has a population of 1,481. Luther is more family-centric than the surrounding county with 33.71% of the households containing married families with children. The county average for households married with children is 30.67%.

The median household income in Luther, Oklahoma is $51,458. The median household income for the surrounding county is $58,239 compared to the national median of $69,021. The median age of people living in Luther is 42 years.

Luther Weather

The average high temperature in July is 93.5 degrees, with an average low temperature in January of 24.6 degrees. The average rainfall is approximately 38.4 inches per year, with 4.4 inches of snow per year.

Luther Real Estate Market Conditions

  • Median sales price

    $425,000
    17.4% change since last quarter
  • # Active listings

    65
    30-day change

Luther Schools and Demographics

Education near Luther, OK

Metric City County
High School Graduates 90.95 88.42
College Degree - 2 year 9.67 7.74
College Degree - 4 year 37.45 33.7
Graduate Degree 2.26 8.51
Expenditures per Student 10,014 10,014
Students per Teacher 19 19

Elementary Schools near Luther, OK

School Grades Students P/T Ratio ZIP
Clara Reynolds Elementary School 02 - 03 310 15.9 73045
Green Pastures Elementary School PK - 05 237 18.1 73084
Jones Elementary School PK - 05 509 17.2 73049
Luther Elementary School PK - 04 407 16.3 73054
Spencer Elementary School PK - 05 249 14.8 73084
Virginia Smith Elementary School PK - 01 450 21.9 73045
Wellston Elementary School PK - 05 319 20.1 74881

Middle Schools near Luther, OK

School Grades Students P/T Ratio ZIP
Harrah Middle School 06 - 07 316 16.3 73045
Jones Middle School 06 - 08 271 15.6 73049
Luther Middle School 05 - 08 275 16.3 73054
Rogers Middle School 06 - 08 323 10.8 73084
Russell Babb Elementary School 04 - 05 265 15.2 73045
Wellston Middle School 06 - 08 134 13.4 74881

High Schools near Luther, OK

School Grades Students P/T Ratio ZIP
Harrah High School 10 - 12 449 12.9 73045
Jones High School 09 - 12 329 13.8 73049
Luther High School 09 - 12 278 12.9 73054
Star Spencer High School 09 - 12 385 11.7 73084
Wellston High School 09 - 12 198 15.2 74881

Ungraded Schools near Luther, OK

School Grades Students P/T Ratio ZIP
Harrah Junior High School 08 - 09 300 15.6 73045

Demographics near Luther, OK

Metric City County
Neighborhood Type Small town
Population 1,481 790,938
Population Density 97 1,116
Median Age 42 35.1
People per Household 2.5 2.5
Median Household Income 51,458 58,239
Average Income per Capita 27,725 34,129