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$ 400,000
Est. payment | /mo
4,731 SqFt
$ 400,000
Est. payment | /mo
4,731 SqFt
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 4,731 sqft
Price per Sqft $84
MLS Listing ID 1328204
HOA Y/N No
Year Built 1960
Lot Size 0.480 Acres
Acres 0.4805
Property Sub-Type Hotel/Motel
Property Description
The Economy Inn is a 16-room motel on busy Broadway Street in Poteau, Oklahoma—an established hospitality corridor surrounded by multiple hotels, restaurants, and steady commercial traffic. Built in the 1970s–1980s, it includes a two-bedroom manager's apartment ideal for owner-operators.
Since 2020, the area has seen new development, including several fast-food restaurants and retail sites that bring heavy daily traffic and enhance the property's visibility. The building is solid, with most rooms featuring window A/C units. Minor updates such as new paint, appliances, and exterior cleanup would improve curb appeal.
The current owner lives in Dallas and manages multiple motel properties, so this location is not receiving full oversight—making it a prime opportunity for a hands-on buyer to maximize potential in a high-traffic, growing area.
Since 2020, the area has seen new development, including several fast-food restaurants and retail sites that bring heavy daily traffic and enhance the property's visibility. The building is solid, with most rooms featuring window A/C units. Minor updates such as new paint, appliances, and exterior cleanup would improve curb appeal.
The current owner lives in Dallas and manages multiple motel properties, so this location is not receiving full oversight—making it a prime opportunity for a hands-on buyer to maximize potential in a high-traffic, growing area.
Location
State OK
County Leflore
Direction From Highway 112, head south on Broadway (Hwy 59 Business) 1.9 miles. Motel will be on your right.
Exterior
Present Use Hotel/Motel
Building
Lot Description Central Business District
New Construction No
Others
Special Listing Condition None
Virtual Tour https://tour.nwarealtors.org/2011-Broadway-Street-Poteau-OK-74953--1328204/unbranded
Listed by Keller Williams Platinum Realty
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