116 S 2nd St - Storefront Retail/Residential FOR SALE


Guthrie, OK 73044
$750,000 USD
405-902-8181
116 S 2nd St, Guthrie, OK for Sale
$750,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | Request Cap Rate

116 S 2nd St
Guthrie, OK 73044


HIGHLIGHTS

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

OVERVIEW

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 4-plex presents an outstanding opportunity. Schedule a showing today to explore the potential ofowning this prime investment property in Guthrie, Oklahoma. Rare investment opportunity in the heart of Guthrie, Oklahoma's historic district! This well-maintained commercial 4-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: 80% occupancy with one apartment unit vacant and bottom floor commercial space has just become available 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

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1890

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

Commercial

APN/PARCEL ID

420001405

ASK ABOUT THIS PROPERTY

Rosha WoodPrice Edwards & CompanyMore Info
405-902-8181

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Rosha WoodPrice Edwards & CompanyMore Info
405-902-8181

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.