Powerhouse Gym Closes, Sells for $2.2 Million

First Presbyterian Church has purchased the Powerhouse Gym building, 233 E. 8th St., for $2.2 million.
The property, which is located on lots 3, 4 and the south 50 feet of lot 5, block 17 in downtown Tulsa, was sold by Kem Ventures LLC.
First Presbyterian Church plans to use the 14,000 SF building as a youth fitness center. The building, which was built in 1928, is a former Norton Buick location.
Terry Pielsticker, SIOR of CB Richard Ellis/Oklahoma handled the transaction for the buyer while Terry Lazar of NAI Commerical Properties represented the seller.

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