For Sale
$3,500,000

850 4Th StGuthrie, OK 73044

53,500 SF Income-Producing Property

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional income-producing industrial property in Guthrie, Oklahoma, presents a compelling investment opportunity. Encompassing 53,500 square feet across three buildings on a 2.6-acre lot, this property offers significant potential. Currently generating $30,000 in monthly income from a single tenant, the property boasts two distinct addresses: 850 N 4th St (27,500 sq ft, solid concrete, 3000 amps, 480 volts, three-phase power) and 411 W College (22,500 sq ft, metal structure, 2000 amps, 480 volts, three-phase power). An additional 5,000 square feet provides further flexibility. Built in 1980 and renovated in 2021, the property features two dock-high doors and is situated in an unincorporated area with a semi-rural feel, yet conveniently located 15 minutes from Edmond, 35 minutes from Oklahoma City, and approximately 1 hour and 45 minutes from Tulsa. The property is zoned for unincorporated use and offers the potential for multiple tenants. Owner financing is available. The asking price is $3,500,000. This is a rare opportunity to acquire a substantial, income-generating industrial property with significant upside potential. The property is currently tenant-occupied, but the building can be divided into three separate spaces. The substantial power capacity (5,000 amps of three-phase power) makes this ideal for a variety of industrial uses.

Highlights

  • Current income producing property generating $30,000 monthly net operating income (NOI).
  • 5,000 amps of three-phase power.
  • Value-add potential through multi-tenant lease-up.
  • Future multi-tenant use possible; building divisible into three separate spaces.
  • Unincorporated location offering a quiet industrial setting, 15 minutes from Edmond and 35 minutes from Oklahoma City.
  • 35-minute commute to Oklahoma City.

Property Details for 850 4Th St

Property type
Warehouses, Industrial properties
Square Feet
53,500 SF
Year Built/Renovated
1980/2021
Buildings
3
Stories
1
Lot Size (sq. ft)
113,256 SF

Location Insight

City
Guthrie
County
Logan
State
Oklahoma
Latitude
35.8858866
Longitude
-97.4295963
850 4Th St, Guthrie, Oklahoma

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850 4Th St
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