Luther OK Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
2,434
Status:
Active
MLS#:
1245196
Type:
Retail
Year built:
1901
Courtesy: Black Buffalo Real Estate (405) 363-98
View additional info

ADDITIONAL INFORMATION

114 E 1st Street offers a rare opportunity to own a highly visible commercial property in the heart of Luther. Positioned near the center of town, this established location offers strong exposure, easy accessibility, and the kind of presence that can be difficult to recreate. For an owner-operator, the property provides a flexible setting for retail, service, office, specialty use, or another community-focused business. For investors, it represents an opportunity to secure a well-positioned commercial asset in a small but established Oklahoma market with long-term usability and future upside. The location is the real story here. This property sits where local activity, community identity, and business opportunity come together. Whether your goal is to operate your own business, lease the space, reposition the property, or hold it as a long-term investment, 114 E 1st Street offers multiple paths forward. The $220,000 list price is for the real property and building only. In addition, the seller may consider the separate purchase of approximately $165,000 in existing inventory. The seller may also consider a separate purchase of approximately $90,000 in shelving, fixtures, and equipment, including an operational forklift, for $40,000. Any inventory, shelving, fixtures, equipment, quantities, stated values, and condition should be independently verified by the buyer during due diligence and are not included in the real estate list price unless specifically agreed to in writing. If you’ve been looking for a commercial property with visibility, character, flexibility, and investment potential, this one deserves a serious look.

Beds:
n/a
Baths:
Sq.Ft.:
11,000
Status:
Active
MLS#:
1239870
Type:
Other
Lot size:
65 Acres
Year built:
2026
Courtesy: Homeworx, LLC (405) 773-96
View additional info

ADDITIONAL INFORMATION

Bella Grove is a fully operational luxury wedding and event venue offering an exceptional turnkey investment or owner-user opportunity. With weddings and events already booked through the remainder of the year, the property provides immediate income and an established business with future revenue already in place. Nestled on 65 breathtaking acres of rolling countryside, this custom-built venue offers the perfect setting for weddings, corporate events, private celebrations, and special occasions. A grand gated entrance and winding paved drive lead to a stunning venue surrounded by mature trees, a scenic pond, and breathtaking Oklahoma sunsets. The property features approximately 11,000 square feet under roof, including 8,000 square feet of enclosed event space with dramatic floor-to-ceiling windows, a luxury bridal suite with a private bath and multiple makeup stations, a groom's lounge with a bar and pool table, a catering kitchen, premium sound system, ample parking, and approximately 95,000 square feet of paved roads. Inside, soaring ceilings, elegant chandeliers, exposed wood beams, and reclaimed wood accents create a warm yet sophisticated atmosphere for unforgettable events. Beautiful indoor and outdoor gathering spaces provide flexibility for celebrations of every size. An additional adjoining 50-acre property featuring an approximately 10,000-square-foot custom home, horse facilities, and shop is also available for purchase, creating a rare opportunity to expand the estate or acquire an exceptional luxury residence alongside this premier event venue. Bella Grove is a rare opportunity to acquire an established, income-producing venue with immediate cash flow, an outstanding reputation, and exceptional long-term potential.

Beds:
n/a
Baths:
Sq.Ft.:
2,434
Status:
Active
MLS#:
1223355
Type:
Retail
Year built:
1901
Courtesy: Black Buffalo Real Estate (405) 363-98
View additional info

ADDITIONAL INFORMATION

Opportunities like this don’t come around often. Located at 114 E 1st Street, this property sits in the heart of Luther—right where the town comes together. Known locally as a central piece of the community, this building carries presence, visibility, and a strong connection to Main Street. For an owner-operator, this is a chance to step into a location that already means something. Whether retail, service, or a community-focused business, the foundation is here to create something that fits both your vision and the town itself. For investors, the value is in controlling a key position within a steady local market. Properties in locations like this tend to hold long-term significance, offering usability today with potential for future appreciation. Luther is a community where people support local and take pride in their town. Owning a building in this position isn’t just about square footage—it’s about being part of what keeps a town moving. If you’re looking for more than just a property—something with presence, purpose, and real upside—this is one worth a serious look.

Beds:
n/a
Baths:
Sq.Ft.:
12,337
Status:
Active
MLS#:
1205776
Type:
Other
Lot size:
50 Acres
Year built:
2006
Courtesy: The Agency (405) 216-36
View additional info

ADDITIONAL INFORMATION

Welcome to Esperanza Ranch, an extraordinary property where Oklahomas natural beauty is elevated into a truly one-of-a-kind destination. Located just 15 minutes from Edmond and moments from historic Route 66, this remarkable 50-acre (MOL) estate offers sweeping sunsets, star-filled skies, and a setting that feels both private & unforgettable. At the heart of the property, two cascading waterfalls create a serene and dramatic focal point, setting the tone for what is widely regarded as one of Oklahomas premier event venues. Designed to host weddings, corporate gatherings, celebrations, and special events, Esperanza Ranch seamlessly blends timeless character with modern sophistication. Anchoring the venue is a beautifully restored, 3,000-plus square foot 19th-century hand-hewn barn, capable of accommodating well over 250 guests. The space balances rustic elegance with contemporary functionality, creating an atmosphere that is both warm & refined. In total, the property features seven distinct buildings & structures encompassing more than 12,000 square feet, including a private bridal suite w full kitchen, a groomsmen suite w bar, guest facilities, & a spacious shop for equipment & storage. The property received an international award from Lutron HomeWorks for its advanced lighting deployment, with fully integrated interior and exterior lighting controls that allow each event to be customized down to the finest detail. All buildings are connected through Savant Home Automation, providing seamless control of audio, video, climate, security, and lighting across the entire estate. With millions invested into the land, infrastructure, and amenities, Esperanza Ranch stands as a rare offering an impeccably designed sanctuary where meaningful moments are celebrated and lasting memories are created. It's not just a venue; it is an experience. Also a perfect place to build your dream home if needed.

Beds:
n/a
Baths:
Sq.Ft.:
4,964
Status:
Active
MLS#:
OKC1131376
Type:
Other
Lot size:
0.08 Acres
Year built:
1900
Courtesy: Chamberlain Realty Llc 405-300-0543
View additional info

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

Luther is located in Oklahoma. 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 Map

Luther Real Estate Market Conditions

  • Median sales price

    $312,500
    17.4%
    change since last quarter
  • # Active listings

    105
    30-day change

Luther Schools and Demographics

Education near Luther, OK

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

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

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

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

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

Demographics near Luther, OK

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

Real estate near Luther