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    Historic Motel with Pole Sign
    Updated: May 5
    Historic Motel with Pole Sign

    220 Walnut Street, Chelsea, OK 74016

    $89,900
    1,200 sqft 0.60 AC lot
    Route 66 historic motel property listed on the National Historic Registry
    6 units/restrooms
    Pole sign exterior plus large neon sign that needs rehab
    Stucco construction with a composition roof
    0.6‑acre lot; property size noted at 1,200 square feet
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    This listing looks promising.

    Here's a quick look at some key insights for

    220 Walnut Street, Chelsea, OK 74016

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    • Est. Cap Rate

      8%
      Above avg (5.9%)

    • Est. NOI

      $7K
      Annual

    • Price @ 7% Cap

      $103K
      Above asking

    • Property Type

      Residential - Vacant Land
      Built 1950
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    Historic Motel Property
    Updated: May 6
    Historic Motel Property

    220 Walnut St, Chelsea, OK 74016

    $99,900
    1,200 sqft
    Historic Chelsea Motel sits on Route 66 in Chelsea, Oklahoma
    Listed on the National Historic Registry of Historic Places, qualifying for tax credits and restoration funding
    Motel has 6 units and 6 units/restrooms
    Large elaborate neon sign is included and needs rehabilitation
    Estimated acreage is approximately 0.69 acres, to be confirmed by survey
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    Historic Route 66 Motel
    Historic Route 66 Motel

    220 Walnut Street, Chelsea, OK 74016

    $89,900
    0.69 AC lot

    Motel property with highway frontage, additional lots, and a large neon sign requiring rehabilitation.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Chelsea, OK, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    111-Room Motel
    111-Room Motel

    3031 S Rangeline Road, Joplin, MO 64804

    $3,500,000
    31,868 sqft 2.20 AC lot

    C-3 zoned motel on 2.2 acres with central air, natural gas heating, and a privacy-fenced site.

    View details
    Motel Property with Existing Buildings
    Motel Property with Existing Buildings

    1112 E Main Street, Independence, KS 67301

    $115,000
    5.50 AC lot

    Existing structures and a parking lot provide a base for commercial redevelopment along a busy Independence corridor.

    View details
    Joplin Motel Business Opportunity
    Joplin Motel Business Opportunity

    3031 S Rangeline Road, Joplin, MO 64804

    Contact for pricing
    31,868 sqft 2.00 AC lot

    Prime real estate with motel business near I-44 ramps.

    View details
    Former Motel Redevelopment Property
    Former Motel Redevelopment Property

    1112 E Main Street, Independence, KS 67301

    Contact for pricing
    5.50 AC lot

    Former Townsman Motel on 5.5 acres with multiple buildings, suited for renovation or mixed commercial reuse.

    View details

    Chelsea, OK Motels Market Trends and Statistics

    Explore 3 motels for sale in Chelsea, OK, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,400 square feet of properties for sale, with an estimated market value of $279,700.

    Sale prices for motels in Chelsea, OK start at $89,900, averaging $93,233, and reaching up to $99,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 3

    Demographics Overview

    Population 5,787
    Population Growth (5Y) +1.6%
    Median Household Income $59,701
    College Educated 18.9%

    High-Yield Neighborhoods for Investment

    Identify Chelsea submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    74016 $94.9K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Rogers County

    New Delisted

    Total CRE Inventory on Market (SF)

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