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    FOR SALE
    Apartment buildings

    116 S 2Nd St, Guthrie, OK 73044

    Built 1890
    Property ID
    US69-1137485
    Property summary
    AI-generated overview

    Rare investment opportunity in the heart of Guthrie, Oklahoma's historic district! This well-maintained commercial 5-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 Building Size: Approximately 6,500 square feet of versatile space spanned across two stores Unit Configuration: Five apartments one ground floor 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 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

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1890
    UPID US69-1137485
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Horizon Jiu-Jitsu Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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