2500 S Main ST Active

Elk City,OK 73644

$ 975000

- Bed

0 Bath

21480 SqFt


Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 21,480 sqft

Price per Sqft $45

MLS Listing ID OKC1144560

Year Built 1975

Annual Tax Amount $7,448

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!

Location

State OK

County Beckham

Zoning Commercial

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

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