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211 9Th St Canute, OK 73626

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For Sale
$450,000

High-potential motel, 64+ rooms, needs TLC.

Property size:
12,636 SF

Property Features for 211 9Th St

General Information

Property type
Investment properties
Square Feet
12,636 SF
Lot Size
46,174 SF

Building Details

Year Built
1981

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Listing Contact
Sherri E Schreck

Listing Agency: Exp Realty, Llc Listing Agent: Sherri E Schreck

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 64+ room motel situated on a 1.06-acre lot at 211 N 9th Street, Canute, OK. Conveniently located just off Interstate 40 at the Canute exit, this property offers significant potential for a savvy investor. The existing structure boasts a substantial 12,636 square feet of space, including multiple guest rooms, a dedicated laundry room, and ample family rooms suitable for on-site management or staff. While the property requires some renovation—all existing carpeting has been removed—this presents a chance to customize and upgrade to meet current market demands. The extensive parking area ensures ample space for guests and staff. The asking price of $450,000 reflects the significant upside potential inherent in this prime location and substantial building size. This is an ideal opportunity for an investor seeking a high-return project with strong potential for growth in a convenient location. The property's proximity to I-40 provides excellent visibility and accessibility, making it an attractive destination for travelers. With some investment in renovations and upgrades, this motel can be transformed into a thriving business.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Investment properties

Suggested Use

Restaurant Big Box & Wholesale Store Spa & Massage Center Auto Repair Shop Hair Salon Auto Parts Store Gym & Fitness Center Nail Salon Car Rental Facility Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Canute
County
Washita
State
Oklahoma
Longitude
-99.27625
Latitude
35.42011

FAQs

What type of property is this?
Investment property - High-potential motel, 64+ rooms, needs TLC.
Where is this investment property located?
The property is located at 211 9Th St Canute, OK.
What is the asking price?
The asking price for this property is $450,000.
More about this property
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