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Highway 66 Commercial Building

306 E Highway 66 Wellston, OK 74881

306 E Highway 66, Wellston, OK, 74881
$209,000
For Sale
Claim this Listing
$209,000

SINGLE_FAMILY - Wellston, OK

Property Size1,350 SF
Lot Size0.56 Acres
Price / SF$154.81
AddedMar 3
Days on Market133
Last RefreshJul 14 at 1:06 pm

Property Features for 306 E Highway 66

General Information

Property type
Residential
Property subtype
Office
Zoning
Commercial
Standard status
Active
APN
306EHighway6674881
Size
1,350 SF
Lot size
0.56 Acres

Utilities

Heating system
Zoned
Cooling system
Zoned

Building Details

Year built
1977
Building materials
Brick

Listing agent Jamie Barnes Saxon License #147759

Listing office Oklahoma Country Homes 306 E Hwy 66, Wellston, OK

Listing date Mar 3, 2026

MLS# 1216897

Copyright © 2026 MLSOK, 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.

Located on a 0.56-acre lot on Highway 66, this commercial building in Wellston, Oklahoma, offers high visibility and an attractive style suitable for various business or office uses. Situated less than 1000 feet from turnpike gates, an OnCue, and a Dollar General, the property features a large open reception area, four office spaces, and a bathroom area. It also includes a privacy-fenced outside area and is high chain-fenced on three sides. The building has been completely remodeled, including the addition of a pitch to the roof and the installation of metal roofing in 2024. Currently, the building houses four businesses. Two of the businesses are interested in continuing their leases with the new owner, subject to negotiation. One business is relocating, and Omni Connected Health & Wellness would consider selling its business, including all equipment, to the new owner at an additional cost. Otherwise, all equipment related to the Health & Wellness Center will be removed prior to closing. Desks, furniture, and decor are negotiable, or the building can be completely cleared out. This property presents a rare opportunity for businesses, offices, or investment.

Key Highlights

  • Prime Highway 66 frontage location with high visibility.
  • Close proximity to turnpike gates, OnCue, and Dollar General.
  • Recently remodeled top‑to‑bottom, including new metal roofing in 2024.

Local Financial Insights For Office B

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 $20.6k $15.24
− Vacancy −$5.3k −$3.93
EGI $15.3k $11.31
− OpEx −$3.8k −$2.83
NOI $11.4k $8.48
1,350 SF · lease $15.24/SF/yr · vacancy 25.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$163.6K
$143.1K – $190.8K (±1% cap)
NOI $11,449 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$326.3K
$285.5K – $380.7K (±1% cap)
NOI $22,842 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Parking Lot & Garage Auto Parts Store Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Kitchen & Bath Showroom Real Estate Agency Hair Salon Nail Salon Daycare Center

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

FAQs

What type of property is this?
Office units - Remodeled office building on Highway 66 in Wellston, Oklahoma.
Where is this office units located?
The property is located at 306 E Highway 66 Wellston, OK.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Prime Highway 66 frontage location with high visibility.; Close proximity to turnpike gates, OnCue, and Dollar General.; Recently remodeled top‑to‑bottom, including new metal roofing in 2024.
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More about this property
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