Established Wilson Commercial Property For
588 Us Highway 70A, Wilson, OK 73463
COMMERCIAL - Wilson, OK
Type:Retail
Property size:
2,159 SFLot size:
0.48 AcresPrice / SF:
$182/SF- Added:
- Apr 2, 2026
- Days on Market:
- 50
- Last Refresh:
- May 21 at 10:06 pm
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 agent Elisa Campbell License #176305 (888) 560-3964
Listing office eXp Realty, LLC 3209 S Broadway STE 231, Oklahoma City, OK (405) 404-1924
Listing date Apr 2, 2026
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.
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.
- Highway frontage on a corner lot with ample parking and a covered drive‑thru.
- Includes essential equipment: Freezers, Walk‑in Cooler, Commercial Refrigerator, Fryers, Grill, Pizza Oven, Hot Box, Ice Machine, Shelving, Cash Registers, Security System, and more.
- Fuel infrastructure: Diesel and Gas Tanks with Pumps and Awning.
Overview
This commercial property, currently operating as C&M Convenient Store, has been a family-owned business for over 20 years. It is situated in the center of Wilson, Oklahoma, across from Wilson Public School. The property includes over 2000 square feet of space on a corner lot with frontage on the main highway. It features ample parking for both customers and employees, along with a covered drive-thru. The store is equipped with 2 AC units, one of which is new as of 2025, 3 upright freezers, 2 chest freezers, and 1 smaller chest freezer. There is also a large walk-in cooler and a commercial refrigerator. The kitchen area includes 2 commercial deep fryers, a grill/oven/burners with a vent-a-hood, a pizza oven-station-warmer, and a hot box warmer. The property also has 2 cash registers, a camera security system, and an ice machine with a bin. There are 14 shelves, with additional shelving in the walk-in cooler and storage room, as well as 5 booths and 4 square tables. The property includes a diesel tank measuring 92" x 132 gallons with a 4000 diameter and 8ft straight shell, and a gas tank measuring 96" x 256 gallons with an 8000 diameter and 8 ft straight shell, along with 2 pumps and an awning. The property is located on a 0.48-acre lot and offers potential for a thriving grocery store, cafe, and gas station. The property offers solid profitable returns with consistent customer flow gas and sales.
Financial Insights
Value Estimation Calculated for Industrial
Conservative
$319.9K
NOI $28,794 @ 9.00% cap · cautious / downside scenario
Moderate
$411.3K
NOI $28,794 @ 7.00% cap · market / base-case scenario
Aggressive
$575.9K
NOI $28,794 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Industrial
| 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 Use Scenarios
Best Use
Industrial
$411.3K
$359.9K – $479.9K
NOI $28,794 @ 7.0% cap · market cap 7.29%
Second Best
Specialty Retail
$381.8K
$334.1K – $445.5K
NOI $26,727 @ 7.0% cap · market cap 6.77%
Theoretical Best
Office A
$553.7K
$484.5K – $646.0K
NOI $38,758 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Wilson
- County
- Carter
- State
- Oklahoma
- Longitude
- -97.420018
- Latitude
- 34.164271
Nearby Similar for Sale
FAQs
What type of property is this?
Grocery and convenience store - Successful family-owned convenience store with gas station and cafe potential.
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 $395,000.
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.
