Commercial Duplex Office
211 E Cleveland Avenue Guthrie, OK 73044
211 E Cleveland Avenue, Guthrie, OK, 73044
$495,000
For Sale
$495,000
SINGLE_FAMILY - Guthrie, OK
Property Size3,376 SF
Lot Size2.00 Acres
Price / SF$146.62
Days on Market138
Property Features for 211 E Cleveland Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- Commercial
- Standard status
- Active
- APN
- 211ECleveland73044
- Size
- 3,376 SF
- Lot size
- 2.00 Acres
Building Details
- Year built
- 1935
Listing Agency
Collection 7 Realty
(405) 562-8777
2513 S Kelly Ave Ste 110, Edmond, OK
Listed by
Whitney Heskett
(405) 990-3492
Added: Mar 2 Checked: Jul 18 at 3:06 am
MLS# 1216764
Copyright © 2026 MLSOK, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Brand new construction commercial duplex with two separate office suites. One unit is currently leased, while the second unit is vacant and ready for an owner-user or a new tenant. Each suite is designed with multiple private offices alongside flexible workspace, finished with quality modern finishes throughout.
The property sits on a 2-acre lot and features convenient alley access. A rear garage entrance supports secure parking, storage, or deliveries without routing through the primary front entrance. The duplex is zoned for commercial use.
For tenants and buyers seeking office space that can operate independently by suite, this configuration provides separate accommodations within one building. The combination of a leased unit and a turnkey vacant suite can support an owner’s flexibility for either occupying one side or leasing both. The rear access and garage entrance also provide practical utility for day-to-day operations, including secure access for employees, deliveries, and onsite storage.
The property sits on a 2-acre lot and features convenient alley access. A rear garage entrance supports secure parking, storage, or deliveries without routing through the primary front entrance. The duplex is zoned for commercial use.
For tenants and buyers seeking office space that can operate independently by suite, this configuration provides separate accommodations within one building. The combination of a leased unit and a turnkey vacant suite can support an owner’s flexibility for either occupying one side or leasing both. The rear access and garage entrance also provide practical utility for day-to-day operations, including secure access for employees, deliveries, and onsite storage.
Key Highlights
- Prime downtown Guthrie location with high visibility.
- Brand new construction commercial duplex.
- Immediate income from one leased unit.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.2k | $14.28 |
| − Vacancy | −$3.1k | −$0.93 |
| EGI | $45.1k | $13.35 |
| − OpEx | −$13.5k | −$4.01 |
| NOI | $31.6k | $9.35 |
3,376 SF · lease $14.28/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$450.8K
$394.4K – $525.9K
NOI $31,553 @ 7.0% cap · market cap 6.37%
Second Best
Apartment 5plus
$417.1K
$365.0K – $486.6K
NOI $29,198 @ 7.0% cap · market cap 5.90%
Theoretical Best
Specialty Retail
$816.0K
$714.0K – $952.0K
NOI $57,122 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Gooch Smith Electric ...
Electrical Service
Okie Cookies Catering
Take-out & Catering
Logan County Drug ...
Medical Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Brand-new duplex in Guthrie offers two office suites, one leased and one vacant, with private offices and modern finishes.
Where is this office units located?
The property is located at 211 E Cleveland Avenue Guthrie, OK.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Prime downtown Guthrie location with high visibility.; Brand new construction commercial duplex.; Immediate income from one leased unit.
