2815 Jackson St Hugo, OK 74743-4250

This exceptional 43,203-square-foot medical office building, formerly the Lane Frost Health and Rehabilitation Center, presents a unique investment opportunity in Hugo, Oklahoma. Built in 2001 and situated on a spacious 10-acre lot, this free-standing property boasts ample surface parking and is zoned C-1 (Commercial), offering flexibility for various healthcare or alternative uses. The building's infrastructure is well-suited for rehabilitation services and other healthcare facilities. A significant advantage is the recently installed (2024) new roof, minimizing immediate maintenance concerns. The property includes a substantial 600 KW diesel-powered generator, ensuring reliable power. Its convenient location offers easy access to Highway 70, placing it within minutes of Hugo's downtown shopping district and restaurants. The building's previous use as a 60-bed facility speaks to its substantial size and capacity. Strategically located in scenic southeast Oklahoma, this property enjoys proximity to both Oklahoma City (approximately 3 hours away) and Dallas (approximately 2.5 hours away), enhancing its appeal to a wider range of potential buyers and tenants. The asking price is $6,500,000. This is a rare opportunity to acquire a substantial, well-maintained commercial property in a growing area.