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Listed by Pam Robinson • Pam Robinson Real Estate Inc
$ 185,000
Est. payment /mo
Active
301 W Broadway AVE Seminole, OK 74868
4,609 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
Square Footage 4,609 sqft
Price per Sqft $40
MLS Listing ID OKC1200553
Construction Status Other
Year Built 1957
Annual Tax Amount $1,092
Lot Size 0.344 Acres
Lot Dimensions 100x150
Property Sub-Type Special Purpose
Property Description
Discover an excellent investment opportunity in the heart of Seminole, Oklahoma, a thriving community of approximately 8,000 residents with steady tourism and year-round lodging demand. Home to Seminole State College, a full-service hospital, and outstanding athletic venues that host high school and college baseball, softball, basketball, and other sporting events, Seminole brings frequent visitors needing reliable accommodations. Seals Motel features 16 guest units, each offering a bedroom, private bathroom, microwave, and small refrigerator. Some rooms include two beds, while others feature single-bed layouts, allowing versatility for overnight or weekly stays. The property also includes fully remodeled (2020) manager's quarters with three bedrooms, a nicely updated bathroom, living room, kitchen, dining area, and a large on-site laundry facility that services the motel. Current ownership reports no known issues with the property's plumbing, electrical, structural integrity, or major systems, offering peace of mind to new investors. The motel is currently owner-occupied. The seller is elderly and plans to retire and relocate to Texas to be near family. The family has expressed willingness to provide transition support to a new owner, if desired. Financials such as taxes, insurance, operating expenses, and utility breakdowns are available to serious buyers upon request.
Location
State OK
County Seminole
Zoning Commercial
Interior
Heating Other
Cooling Other
Fireplace N
Exterior
Parking Features Asphalt
Garage Description Asphalt
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Other
Construction Status Other
Others
Miscellaneous Sidewalk,Storage
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional







