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Listed by Mary T Tran • LIME Realty
$325,000
Est. payment /mo
6,942 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,942 sqft
Price per Sqft $46
MLS Listing ID OKC1210933
Year Built 1899
Annual Tax Amount $2,329
Lot Size 1.000 Acres
Property Sub-Type Investment
Property Description
$25K Price Reduction, priced to Move! Prime opportunity in the heart of Guthrie's Historic District, ideal for investors, owner-users, or mixed-use visionaries. This standout property is available for sale or lease at $6/SF NNN, offering immediate potential with a proven track record of long-term tenancy. The first floor previously housed the well-known Hunan Palace restaurant for over 25 years, followed by a successful dispensary, demonstrating strong location viability and consistent business traffic. The main level is in excellent condition with major updates already completed, including newer HVAC, updated bathrooms, and modern flooring, minimizing upfront costs for the next owner or tenant. Upstairs, the second floor unlocks serious upside. With flexible zoning potential, it's perfectly suited for office space, residential units, short-term rentals, or a mixed-use concept, allowing you to maximize income streams. Positioned in a high-visibility downtown location surrounded by historic charm, local businesses, and ongoing revitalization, this property offers both stability and growth potential. With the recent price reduction and motivated ownership, this is a rare chance to secure a versatile asset at an attractive basis.
Location
State OK
County Logan
Zoning Commercial
Interior
Fireplace N
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