Toomey Oil to Renovate, Occupy Downtown Building

Toomey Oil Co. has purchased a 5,531 SF building at 1126 S. Frankfort Ave. with plans to convert the building into an office building.
Rod Spurlin was the seller of the Gunboat Park property, which sold for $159,000 and includes two upstairs apartment units. The building sits on a 7,532 SF lot in the southeastern corner of Tulsa’s CBD. Monty Berry, of NAI Commercial Properties, said the new owners plan an extensive renovation, including site repair and the addition of parking to the building.
Berry represented both the buyer and seller in the transaction.
In late 2006, Toomey sold the downtown, two-story, 17,000 SF Midco Building, 302 S. Cheyenne Ave., for $1.275 million.

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