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116 S 2nd St 6,500 SF 100% Leased Retail Building Guthrie, OK 73044 $907,348 CAD ($139.59 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Located in historic downtown Guthrie
  • Rare investment opportunity
  • Easy access to interstate

EXECUTIVE SUMMARY

Whether you're an experienced investor seeking a reliable income stream or a newcomer looking to enter the thriving Guthrie real estate market, this commercial 5-plex presents an outstanding opportunity. Schedule a showing today to explore the potential of owning this prime investment property in Guthrie, Oklahoma.
Rare investment opportunity in the heart of Guthrie, Oklahoma's historic district! This well-maintained commercial 5-plex offers a unique chance to own a piece of Guthrie's thriving commercial real estate/multi-family market.
Location: Situated in downtown Guthrie, offering high visibility and easy access for tenants and customers alike with direct street to door parking
Apt A: 1 Bed / 1 Bath; Apt B: 2 Bed / 2 Bath; Apt C: 2 Bed / 2 Bath; Apt D: 1 Bed / 1 Bath
Building Size: Approximately 6,500 square feet of versatile space spanned across two stores
Unit Configuration: Four apartments, one ground floor commercial space
Historic Charm: Preserving the charm of Guthrie's historic architecture while featuring modern amenities and updates, built in 1890, renovated in 2001
Parking: Convenient off-street parking for tenants and visitors
Stable Income Potential: 100% occupancy
Upside Potential: Opportunity for rent increases in alignment with market trends
Low Maintenance: Well-maintained property with minimal upkeep required
Proximity to Amenities: Close to local shops, restaurants, and attractions, enhancing tenant appeal
NDA Required

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,500 SF
Building Class
C
Year Built/Renovated
1890/2001
Price
$907,348 CAD
Price Per SF
$139.59 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.49
Lot Size
0.10 AC
Zoning
Commercial
Parking
4 Spaces (0.62 Spaces per 1,000 SF Leased)
Frontage
40’ on 2nd Ave

NEARBY MAJOR RETAILERS

Ymca
InterBank
BancFirst
Boomarang Diner

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
420001405
Land Assessment
$4,331 CAD
Improvements Assessment
$15,632 CAD
Total Assessment
$19,964 CAD
  • Listing ID: 32568364

  • Date on Market: 2024-07-24

  • Last Updated:

  • Address: 116 S 2nd St, Guthrie, OK 73044

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