Restored Victorian Bed &
For Sale
$775,000
1016 W Warner Ave, Guthrie, OK 73044
Hospitality property with bedroom suites, a commercial kitchen, formal gathering rooms, and adaptable space across three levels.
Property Size5,347 SF
Price / SF$144.94
Days on Market72
Property Features for 1016 W Warner Ave
General Information
Standard status
Active
Size
5,347 SF
Additional Details
Business Included
Yes
Building Details
Year Built
1900
Stories
3
Listing Agency:
J Stout Real Estate LLC
Listed By:
Carroll Smithson · License #200258
(405) 401-8296
Source:
Kathleenforrest
Added: Aug 5
Changed: Oct 11
Last Checked: Oct 15 at 1:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J Stout Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1900, this Victorian property combines restored period character with an operating hospitality configuration. The main level includes a parlor with a wood-burning fireplace, an oak-paneled dining room, a second dining room or office, another fireplace, a half bath, a commercial kitchen, and a bedroom with a private bathroom. Five additional bedroom suites occupy the second floor, each with a private sitting room and claw-foot tub.
A flexible third-floor area includes plumbing for an additional bathroom, while the full basement provides storage and laundry space. The offering also includes The Stone Lion Inn bed and breakfast and its murder mystery business. The property is located in Guthrie, Oklahoma, and carries Commercial zoning.
A flexible third-floor area includes plumbing for an additional bathroom, while the full basement provides storage and laundry space. The offering also includes The Stone Lion Inn bed and breakfast and its murder mystery business. The property is located in Guthrie, Oklahoma, and carries Commercial zoning.
Key Highlights
- Victorian property built in 1900 with restored period character
- Six bedrooms total, including five second‑floor suites with private sitting rooms
- Commercial kitchen, formal dining rooms, parlor, and multiple fireplaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,231
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,620
$804.6K
Cap Rate 7%
$574,729
$574.7K
Cap Rate 9%
$447,011
$447.0K
Market Conditions
NOI Build-Up for 5,347 SF
Gross rent
$96.2K $18.00/SF
− Vacancy
−$11.5K −$2.16/SF
EGI
$84.7K $15.84/SF
− OpEx
−$44.5K −$8.32/SF
NOI
$40.2K $7.52/SF
Area
Logan County, OK
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$804,620
Cap Rate 7%
$574,729
Cap Rate 9%
$447,011
Alternative Uses
Best Use
Hotel Hospitality
$574.7K
$502.9K – $670.5K
NOI $40,231 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,471 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73044, OK
24,603
Population
10,050
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
264.7 sq mi
ZIP Area
93
Density / Sq Mi
$71,442
Median Household Income
$39,284
Median Earnings
$890
Median Rent
$200,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Similar Off Market Nearby
- Atomic Loft * — 117 W Harrison Ave, Guthrie, OK 73044
- Guthrie Inns — 124 W Harrison Ave, Guthrie, OK 73044
- Jaded Getaway — 123 W Harrison Ave, Guthrie, OK 73044
- Stone Lion Inn — 1016 W Warner Ave, Guthrie, OK 73044
Frequently Asked Questions
What type of property is this?
Bed & breakfast - Hospitality property with bedroom suites, a commercial kitchen, formal gathering rooms, and adaptable space across three levels.
Where is this bed & breakfast located?
The property is located at 1016 W Warner Ave Guthrie, OK.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Victorian property built in 1900 with restored period character; Six bedrooms total, including five second‑floor suites with private sitting rooms; Commercial kitchen, formal dining rooms, parlor, and multiple fireplaces
