Luster House

[AP]

Yes it does. Thanks.

[Teo9969]

I don't care what happens to the other 2 structures pictured in the link, but I would be absolutely heart-broken if that house were ever razed.

[Urbanized]

I've long been concerned about the little commercial building. I don't have anything to base this on other than feel, but I suspect it is territorial. It's probably one of the oldest remaining structures in OKC, and it could be rehabbed into something pretty special.

[HangryHippo]

Seeing the link zookeeper posted got me thinking about Doug L. What happened to him? Is he no longer participating here?

[Martin]

the assessor's site says that the commercial building is from 1915. -M

[Urbanized]

A few years newer than I expected. Nevertheless, 100-year-old buildings are in extreme short supply in OKC. Not to mention it has fantastic potential as a neighborhood restaurant or bar.

[Teo9969]

A few years newer than I expected. Nevertheless, 100-year-old buildings are in extreme short supply in OKC. Not to mention it has fantastic potential as a neighborhood restaurant or bar.

First time I saw it I thought "Hillbillie's Po-Boy" should have gone here!

[BrettM2]

Seeing the link zookeeper posted got me thinking about Doug L. What happened to him? Is he no longer participating here?

I think he mentioned stepping away because he didn't care for the mayoral thread (he supported Shadid). That's been a few months so no idea if something else happened recently.

[Pete]

Historic Luster House and property in Deep Deuce to be put on market

After decades of neglect, the historic Melvin F. Luster House and related property is set to go on the open market.

The primary home was built in 1926 and was listed on the National Register of Historic Places in 1983.

Originally built by prominent African American businessman Sidney Daniel Lyons as his residence, the house passed to Lyon's step-son, Melvin Luster. Mr. Luster died in 1993 and the property is still owned by his heirs.

The family has some items in the home but it has not been occupied in some time.

The two story brick house was built in the Italianate style and sits squarely in the middle of the thriving urban neighborhood know as Deep Deuce. The property also includes a smaller house to the east and a historic shop building to the south.

Sydney Lyons founded the East India Toilet Goods and Manufacturing company, and the factory was a half block from this home.

Lyons was a successful entrepreneur who owned several retail, oil and real estate investments.

Located at 300 NE 3rd Street, a price is yet to be set and the property will be listed by Tim Rasmussen.

[Eddie1]

Might be a cool setting for a bed and breakfast.

[Urbanized]

PLEASE let the little commercial building be saved as a part of this deal. PLEASE.

[Plutonic Panda]

Beer Garden like the one in Edmond would be cool.

[Chadanth]

This would be a great place to replicate the Patriarch.

[traxx]

The Patriarch Deep Deuce sounds like a nice idea.

[rezman]

I hope all of it can be saved and transformed into something nice, since very little of the original Deep Deuce remains. Other than a few exceptions, most of what exists now in the area that is called "Deep Deuce" is in name only and pays little homage to it's namesake.

[Pete]

Officially hits the market tomorrow for $1 million.

[jompster]

Officially hits the market tomorrow for $1 million.

At least they'll get out cheap with the property taxes since the county assessor assessed it so low. I wonder how much work it'll need? I drove by and took a look at the outside last week. That small house will probably need razed. Regardless, I can't wait to see what they can do with the place!

[shawnw]

I don't know a thing about real estate but that seems like a steal?

[warreng88]

At least they'll get out cheap with the property taxes since the county assessor assessed it so low. I wonder how much work it'll need? I drove by and took a look at the outside last week. That small house will probably need razed. Regardless, I can't wait to see what they can do with the place!

I can't imagine any good developer or restoration specialist would raze the smaller building. The buildings on ninth street were in much worse shape and look at what Steve Mason did with that. Also, the Pivot guys have done wonders with Sunshine and the Tower. I would like to think someone will buy it who will actually do something nice with it and not just sit on it to let it deteriorate even more.

[ljbab728]

Steve's update along with a video interview with broker, Tim Rasmussen.

http://m.newsok.com/article/5523296

[Richard at Remax]

It's listed for over $300 sq/ft and looks like it needs a complete gut job (small house looks like it's one good gust from collapsing) based on interior pictures, along with who knows what regarding structural, electrical, plumbing, roof, ect and is being sold AS IS. Also, It's on the historical register, and I know what it's like to try to repair or replace something and deal with that group. It was a nightmare at my Edgemere house regarding new windows.

So I don't know about a steal. I do believe someone will overpay for it though. It's too good of a location. But it's going to cost a LOT of money to bring it back to life.

[Urbanized]

^^^^^^
If it is on the National Register of Historic Places there is absolutely zero protection offered, unless someone pursues historic tax credits, in which case absolutely there should be standards enforced. But the fact remains that National Register placement guarantees zero protection, even up to the point of (heaven forbid) demolition.

If on the other hand it has a local HP designation, those standards are set and enforced by the City of Oklahoma City, which would be the "group" you must be referring to, as Edgemere has neighborhood HP designation by the City.

Not sure which this home is subject to. There is/are a lot of misinformation/misconceptions regarding various HP designations and what type protection they afford.

[Richard at Remax]

According to the MLS it say it was "listed on the National Register of Historic Places in 1983"

[Urbanized]

Then it has zero HP protection of any kind (unless it ALSO has local historic designation, which is as noted a separate thing entirely). That is, unless someone pursues historic tax credits during renovation; in which case by all means they must be required to meet established HP standards.

[sooner88]

It's listed for over $300 sq/ft and looks like it needs a complete gut job (small house looks like it's one good gust from collapsing) based on interior pictures, along with who knows what regarding structural, electrical, plumbing, roof, ect and is being sold AS IS. Also, It's on the historical register, and I know what it's like to try to repair or replace something and deal with that group. It was a nightmare at my Edgemere house regarding new windows.

So I don't know about a steal. I do believe someone will overpay for it though. It's too good of a location. But it's going to cost a LOT of money to bring it back to life.

The 2 story building is 3,278 sf and the commercial building is 966 sf (4,244 sf total), bringing it to $235/sf. Regardless, there is no doubt it will take a lot of money to get this place up and running.