FOR SALE
$599,000
9,244 SqFt

TURN KEY INVESTMENT OPPURTUNITY IN ELK CITY, OK

Commercial Property for Sale & Commercial Properties for Sale near Sayre, Oklahoma

611 NE Hwy 66, Sayre, Oklahoma 73662

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Kelli Rippetoe



DETAILS

Historic Route 66 Highway is Home to this Incredible Turn Key Investment Opportunity! Restaurant is Fully Furnished with High Quality Supplies, Ovens, Fryers, Range, Freezers, Refrigerators, Tables and Chairs, Ice Machine, Owned Soda Machine, and much more. Investment Opportunity is Screaming here! Toast Point of Sale System Stays and Security System. Everything you see Pictured Stays! 13 Apartments Surround this Really Cool Restaurant, 2 are being remodeled. Apartments Are Rented at 90% Capacity and Leases will Automatically Transfer. On site Laundry Facility is set up but no Current Washers/Dryers. Main Office Headquarters for Apartment Management is also on Site! 20 x 20 Shop in the Back is Perfect for Storage. Located Within Walking Distance to Sayre Public Schools, SWOSU Junior College, and Hutch's C Stores. Investment Opportunity Insight: Borrow Money at 3% Interest for 30 Years...the Apartment Income Could Make Your Payment While the Restaurant Income is all Profit.

ELK CITY

You will find what you are looking for in our quiet, small town of Western Oklahoma. Elk City is a place where neighbors help neighbors and local businesses are supported.

Located on historic “Route 66”, now Interstate I-40 and centered between Oklahoma City, and Amarillo, make Elk City an ideal location for business of transportation and distribution. It also gives you the slower pace of life, but within driving distance of larger cities. Our town is deep rooted in the oil and gas industry, agriculture, and farm land.

Elk City has one of the largest, most advanced hospitals in Western Oklahoma, Great Plains Regional Medical Center. Our hospital has some of the best doctors in their fields.

Being located on “Old Route 66” numerous tourist travel through our town. Places that are enjoyed by visitors and locals alike are; National Route 66 Museum, Old Town Museum, Transportation Museum, Farm and Ranch Museum, Anadarko Basin Museum of Natural History and "The World's Largest Non-Operating On-Site Drilling Rig", 7 parks, sports facilities, Red Carpet Community Theater, Carnegie Library, Beutler Rodeo Arena, and a Community Civic Center.

PROPERTY FEATURES
  • FULLY FURNISHED RESTAURANT

  • HIGH QUALITY SUPPLIES

  • 13 APARTMENTS SURROUNDED

  • APARTMENTS ARE AT 90% CAPACITY

  • ON SITE LAUNDRY FACILITY

  • SAYRE PUBLIC SCHOOLS

  • WASHERS & DRYERS ON SITE

  • KELLI RIPPEOTE 580.821.0934

  • Commercial Property
PROPERTY DETAILS
  • Street Address: 611 NE Hwy 66
  • City: Sayre
  • State: Oklahoma
  • Postal Code: 73662
  • County: Beckham
  • County: United States
  • MLS#: 35059-42060
  • Courtesy of : United Country Exploration Realty
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