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Listed by Stacey Stricker • UC OK Sunset Realty & Auctions
$945,000
Est. payment /mo
21,480 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 21,480 sqft
Price per Sqft $43
MLS Listing ID OKC1144560
Year Built 1975
Annual Tax Amount $7,448
Acres 5.3
Property Sub-Type Special Purpose
Property Description
Prime Investment Opportunity in Elk City, Oklahoma
Discover this 56-unit Americas Best Value Inn, strategically located at the intersection of I-40 and Main Street in Elk City. Spanning 5.3 acres, the property boasts ample truck parking and is within walking distance of a gas station, movie theater, and several restaurants, ensuring convenience for travelers and long-haul drivers alike.
Highlights of the Property:
Multiple Revenue Streams:
A well-established, leased on-site bar.
A front-facing restaurant space ready to rent.
Expansion Potential: Room to grow within the main building and surrounding acreage.
Manager Living Quarters: Two units available with minimal renovation required.
Unused Conference Space: Unlock the potential of this large area for events, meetings, or additional amenities.
The property has garnered strong reviews for its friendly staff, cleanliness, and value, making it a favored stop.
Elk City, home to the National Route 66 Museum, is a business-friendly community strategically located between Oklahoma City and Amarillo, Texas, offering a prime opportunity for savvy investors.
Make this dynamic property part of your portfolio today!
Discover this 56-unit Americas Best Value Inn, strategically located at the intersection of I-40 and Main Street in Elk City. Spanning 5.3 acres, the property boasts ample truck parking and is within walking distance of a gas station, movie theater, and several restaurants, ensuring convenience for travelers and long-haul drivers alike.
Highlights of the Property:
Multiple Revenue Streams:
A well-established, leased on-site bar.
A front-facing restaurant space ready to rent.
Expansion Potential: Room to grow within the main building and surrounding acreage.
Manager Living Quarters: Two units available with minimal renovation required.
Unused Conference Space: Unlock the potential of this large area for events, meetings, or additional amenities.
The property has garnered strong reviews for its friendly staff, cleanliness, and value, making it a favored stop.
Elk City, home to the National Route 66 Museum, is a business-friendly community strategically located between Oklahoma City and Amarillo, Texas, offering a prime opportunity for savvy investors.
Make this dynamic property part of your portfolio today!
Location
State OK
County Beckham
Zoning Commercial
Interior
Fireplace N
Exterior
Parking Features Asphalt, Gravel, Other
Garage Description Asphalt, Gravel, Other
Building
Story 2
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/okc/1144560
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