106 W Oklahoma Ave Guthrie, OK 73044

This exceptional 6,942 square foot building, situated on a one-acre lot at 106 W Oklahoma Avenue in historic downtown Guthrie, Oklahoma, presents a unique investment opportunity. Constructed in 1899, shortly after the Oklahoma Land Run, this landmark property boasts a rich history. The ground floor, recently remodeled with new bathrooms, flooring, and HVAC systems, offers a turnkey solution for a restaurant or similar business. For over 25 years, it successfully housed the popular Hunan Palace restaurant, and more recently, operated as a medical marijuana dispensary. This demonstrates its adaptability and strong potential for various commercial uses. The upper floor, currently vacant, presents significant upside potential for conversion into office space or residential units, expanding the property's income streams. The building's prime location in the heart of Guthrie offers excellent visibility and accessibility. The asking price is $495,900, or the property is available for lease at $8 per square foot, NNN. This is a rare chance to acquire a piece of Oklahoma history and capitalize on its versatile commercial possibilities. The building's excellent condition and recent renovations minimize upfront capital expenditures, making it an attractive proposition for discerning investors and entrepreneurs.