- For Sale $399,000
- Property Type Retail - Street Retail
- Property Size 9,358 SF
- Lot Size 2.04 Acre
- Year Built 1965
- Year Renovated 1983
- Date Updated Jun 6, 2026
Description
08-05N-19E A TRACT IN SE/4 N00 00 00 A DISTANCE OF 358.7 FT THEN S81 19 00 E A DISTANCE OF 100 FT AS POB THEN N00 00 00 A DISThe site consists of an irregular-shaped tract of land that contains approximately 88,996 square feet, or 2.0431 acres. The site is located on the north side of West Main Street, immediately west of its intersection with State Highway 2. This is an area located in the western portion of Wilburton’s original townsite and in the Wilburton Public School District. The site is improved with a multi-building, limited-service lodging facility that contains a total of approximately 9,358 square feet of gross building area. The space can be segregated into a manager’s apartment/lobby area that contains approximately 1,053 square feet, 27 guest rooms that contain approximately 7,205 square feet, and a small, three-tenant retail space that contains approximately 1,100 square feet. According to the Latimer County Assessor, the improvements were constructed in 1965 and they are generally in average overall condition as they appear to have been adequately maintained with some rooms having undergone upgrades. General construction characteristics appear to include concrete slab foundations, wood framing systems, masonry exterior walls and gable-style roofs with composition shingle covers over wood decking and trusses. As noted, the development includes 27 individual guestrooms. The room breakdown reportedly includes 12 singles, 13 doubles and two triples. The development indicates a site coverage of 10.5 percent and a land-to-building ratio of 9.5:1. There are approximately 40 parking spaces onsite, indicating a parking ratio of 1.5 spaces per room.
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Contacts
Julie Buxton, CCIM
MCP - McGraw Commercial Properties
Location
Contact Listing Broker
Julie Buxton, CCIM
MCP - McGraw Commercial Properties