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509 W Main St
Wilburton, OK 74578

$399,000 USD

Hotel For Sale  •  9,366 SF

Property Details

  • Property Type Hotel
  • Total Building Size 9,366 SF
  • Lot Size 2.04 AC
  • Building Class C
  • Year Built 1983
  • Zoning Commercial
30 Walk Score

Description

A-OK Motel represents a rare opportunity to acquire a cash-flowing, mixed-use hospitality asset in an undersupplied rural lodging market. Located on West Main Street just off State Highway 2, the property benefits from strong visibility, consistent traffic, and proximity to key demand drivers including Robbers Cave State Park, Wilburton Public Schools, and regional workforce activity.

The motel includes 27 exterior-corridor rooms plus a three-tenant retail strip, providing diversified income and operational stability. The improvements, constructed in 1965, are dated but well-maintained, allowing a buyer to operate immediately while pursuing cosmetic upgrades to increase ADR and occupancy. The motel also includes an updated three-bedroom manager's living quarters.

The 2-acre site offers significant long-term upside. With only 10.5% site coverage, investors have the flexibility to expand the room count, add RV hookups, develop storage units, or reposition the retail component. This land-rich configuration is especially attractive in rural Oklahoma markets where replacement costs far exceed acquisition pricing.

Wilburton’s lodging supply is limited, and the subject property is well-positioned to capture demand from contractors, energy workers, truck drivers, and outdoor recreation visitors. This combination of stable cash flow, mixed-use income, and value-add potential makes the A-OK Motel a compelling acquisition for both owner-operators and investors seeking yield in a low-competition market.

New roof in 2016
Manager's living quarters: three bedrooms and remodeled in 2018
New commercial washer: July 2020
New hot water heater: office building March 2026

2023 Updates to Rooms:
23 rooms: flat screen tvs
19 rooms: new wall a/c units
16 rooms: new beds
17 rooms: 2.5-cubic mini fridge 

27-room breakdown:
12 singles
13 doubles
2 triples 

For more information or to schedule a tour:
Julie Buxton, CCIM | McGraw Commercial Properties
Cell: (214) 500-4713

Highlights

Prime high-way frontage with built-in demand drivers
Mixed use income stream: motel + retail
Large 2-acre site with low site coverage (future upside)
Well-maintained condition = value-add without heavy capex
Undersupplied lodging market with limited competition

Major Tenants

Tenant SF Occupied Lease End Date
Xou Yang

Amenities

  • Smoke Detector

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 41
Type: Surface
Included in Rent: Yes
Julie Buxton, CCIM 918-398-2824 MCP / McGraw Commercial Properties
Julie Buxton, CCIM 918-398-2824 MCP / McGraw Commercial Properties