For Sale
$495,900

106 Oklahoma Ave Guthrie, OK 73044

Turn-key restaurant, office, or residential space.

Overview

Added:
Feb 3
Days on market:
73
This exceptional 6,942 square foot building, situated on a one-acre lot at 106 W Oklahoma Avenue in historic downtown Guthrie, Oklahoma, presents a unique investment opportunity. Constructed in 1899, shortly after the Oklahoma Land Run, this landmark property boasts a rich history. The ground floor, recently remodeled with new bathrooms, flooring, and HVAC systems, offers a turnkey solution for a restaurant or similar business. For over 25 years, it successfully housed the popular Hunan Palace restaurant, and more recently, operated as a medical marijuana dispensary. This demonstrates its adaptability and strong potential for various commercial uses. The upper floor, currently vacant, presents significant upside potential for conversion into office space or residential units, expanding the property's income streams. The building's prime location in the heart of Guthrie offers excellent visibility and accessibility. The asking price is $495,900, or the property is available for lease at $8 per square foot, NNN. This is a rare chance to acquire a piece of Oklahoma history and capitalize on its versatile commercial possibilities. The building's excellent condition and recent renovations minimize upfront capital expenditures, making it an attractive proposition for discerning investors and entrepreneurs.

Property Details for 106 Oklahoma Ave

Property type
Commercial real estate
Square Feet
6,942 SF
Year Built
1899
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Guthrie
County
Logan
State
Oklahoma
Latitude
35.87831
Longitude
-97.42569
106 Oklahoma Ave, Guthrie, Oklahoma

FAQs

What type of property is this?
Commercial real estate - Turn-key restaurant, office, or residential space.
Where is the commercial real estate located?
The property is located at 106 Oklahoma Ave Guthrie, OK.
What is the asking price?
The asking price for this property is $495,900.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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106 Oklahoma Ave
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