106 W Oklahoma Avenue, Guthrie, OK 73044
Logan County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Year Built
1899
Living Area
6,942 sq ft
Lot Size
43,560 sq ft
Days on Market
62
MLS® Listing#
1210933
Property Features
Financial Details
Parcel Number
106WOklahoma73044
Directions
From Oklahoma Ave & Division St, go W, building will be on the N side.
Affordability Calculator
$65,000
Estimated monthly payment
$1,730/mo
Principal $260,000 · Est. interest $362,723 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Guthrie, OK
- $346,903
- Median Listing Price
- 60
- Median Days on Market
- 2,000
- Median Sq Ft
- $180
- Median Price / Sq Ft
- 208
- Active Listings
- This home’s price is 6% below the area median.
- Its price per sq ft is 74% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Guthrie, OK.
Location
Points of Interest in Guthrie, OK
Showing the Guthrie area map.
Nearby Schools
Central Elementary School
Elementary · 0.2 mi away
St Mary's School
School · 0.4 mi away
Guthrie Junior High School
Secondary · 0.5 mi away
Fogarty Elementary School
Elementary · 0.6 mi away
Guthrie Public Schools
Secondary · 0.6 mi away
Faver Alternative School
School · 0.8 mi away
Guthrie High School
Secondary · 1.0 mi away
Guthrie Upper Elementary School
Secondary · 1.1 mi away
Cotteral Elementary School
Elementary · 1.3 mi away
Apostolic Faith School
School · 1.4 mi away
Eschool Virtual Charter High School
Secondary · 1.7 mi away
Crescent MS
Secondary · 10.5 mi away
Crescent Public Schools
Secondary · 10.5 mi away
DP Academic Solutions
School · 11.3 mi away
Coyle Public Schools
School · 11.8 mi away
Heritage Elementary School
Elementary · 11.9 mi away
Centennial Elementary School
Elementary · 12.4 mi away
Cross Timbers Elementary School
Elementary · 12.6 mi away
Goddard School
School · 13.6 mi away
Deer Creek Middle School
Secondary · 13.7 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 310 S Elm Street, Guthrie, OK | $229,900 | 2 | 2 | 1,373 |
| 1211 Saddle Drive, Guthrie, OK | $230,761 | 4 | 2 | 1,459 |
| 1205 Saddle Drive, Guthrie, OK | $230,900 | 3 | 2 | 1,402 |
| 1113 Saddle Drive, Guthrie, OK | $230,900 | 3 | 2 | 1,689 |
| 1827 W Vilas Avenue, Guthrie, OK | $235,000 | 3 | 2 | 1,896 |
| 10189 Creek View Road, Guthrie, OK | $237,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Guthrie
Listing Courtesy: LIME Realty - 4052546310
Presented by: Mary T Tran