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10603 US Highway 59

24,846 SF Specialty Building Offered at $1,200,000 in Grove, OK 74344

Executive Summary

Take Advantage of a Rare Investment Opportunity! The historic 35 Unit Outrigger Motel w-83 income producing storage units is located just South of Sailboat Bridge. The project offers significant potential for redevelopment or revitalization. Each unit provides a blank canvas for future upgrades. The Motel rooms are currently gutted by fire damage. The Main Building features a functional kitchen, suitable for a restaurant with its versatile space along w-an indoor pool & retractable roof. Also included are 83 Mini Storage Units of varying size for Steady Passive Income. Bring your vision to life w-this property & explore its potential for long-term profitability in this growing lake community. This property has been a staple of fishermen visiting the area for years-Near Wolf Creek.

Property Facts

Price $1,200,000
Price Per SF $48
Sale Type Investment
Property Type Specialty
Property Subtype Self-Storage
Building Class C
Lot Size 2.20 AC
Building Size 24,846 SF
No. Stories 1
Year Built 1999

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
210038797
Land Assessment
$16,388
Improvements Assessment
$25,543
Total Assessment
$41,931

zoning

Zoning Code C-3 (Commercial)
C-3 (Commercial)
  • Listing ID: 33909446

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: 10603 US Highway 59, Grove, OK 74344

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