Established Convenience Store and
588 Us Highway 70A Wilson, OK 73463
For Sale
$365,000
COMMERCIAL - Wilson, OK
Property Size2,159 SF
Lot Size0.48 Acres
Price / SF$169.06
Days on Market115
Property Features for 588 Us Highway 70A
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- C1
- Security features
- Security System
- Interior features
- Display Window, Equipment Remarks, High Speed Internet, Mini-Kitchen, Public Restrooms, Security System-Leased, Smoke Detector
- Exterior features
- Door Sign, Dumpster, Lighting, Pole Sign, Storage
- Standard status
- Active
- APN
- 4100-00-006-001-0-001-00
- Size
- 2,159 SF
- Lot size
- 0.48 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- HAMONS, BLK 6 LOT 1-6(25X140) EA.
- Tax Annual Amount
- 1259
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Flooring type
- Tile
- Building materials
- Concrete
- Roof type
- Composition
- Additional Structures
- Storage
Listing Agency:
eXp Realty, LLC
(405) 404-1924
Listed By:
Elisa Campbell · License #176305
(888) 560-3964
Added: Apr 2
Changed: May 28
Last Checked: Jul 25 at 5:06AM
MLS# 2611700
Copyright © 2026 MLS Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property, currently operating as C&M Convenient Store, has been a family-owned business for over 20 years. The property is situated in a central location in Wilson, Oklahoma, across from Wilson Public School. The building has over 2000 square feet of space and sits on a corner lot with frontage on the main highway. The property includes ample parking, a covered drive-thru, and a strong community presence. Equipment includes two AC units (one new in 2025), three upright freezers, two chest freezers, one smaller chest freezer, one large walk-in cooler, one commercial refrigerator, two commercial deep fryers, a grill/oven/burners/vent-a-hood, a pizza oven-station-warmer, a hot box warmer, two cash registers, a camera security system, an ice machine and bin, 14 shelves (with additional shelves in the walk-in and storage room), five booths, and four square tables. The property also features a diesel tank measuring 92 inches by 132 gallons (4000 diameter 8ft straight shell 11) and a gas tank measuring 96 inches by 256 gallons (8000 diameter 8 ft straight shell 21-4), along with two pumps and an awning. The lot size is 0.48 acres. The property is zoned C1. This property offers solid profitable returns with consistent customer flow gas and sales.
Key Highlights
- Prime location in the center of Wilson, Oklahoma, across from Wilson Public School.
- Established, successful family business with over 20 years of operation.
- Thriving grocery store, cafe, and gas station business potential.
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.9k | $21.24 |
| − Vacancy | −$4.7k | −$2.19 |
| EGI | $41.1k | $19.05 |
| − OpEx | −$12.3k | −$5.72 |
| NOI | $28.8k | $13.34 |
2,159 SF · lease $21.24/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Industrial
$411.3K
$359.9K – $479.9K
NOI $28,794 @ 7.0% cap · market cap 7.89%
Second Best
Specialty Retail
$381.8K
$334.1K – $445.5K
NOI $26,727 @ 7.0% cap · market cap 7.32%
Theoretical Best
Office A
$553.7K
$484.5K – $646.0K
NOI $38,758 @ 7.0% cap · market cap 10.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
Grocery and convenience store - Profitable convenience store, cafe, and gas station in Wilson, Oklahoma.
Where is this grocery and convenience store located?
The property is located at 588 Us Highway 70A Wilson, OK.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Prime location in the center of Wilson, Oklahoma, across from Wilson Public School.; Established, successful family business with over 20 years of operation.; Thriving grocery store, cafe, and gas station business potential.