For Sale
$550,000

1401 Cache Rd Lawton, OK 73507

10,112 SF Hotel & Land, Turnkey Ready

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional commercial property, located at 1401 NW Cache Rd., Lawton, OK 73507, presents a unique investment opportunity. The property encompasses a 10,112 square foot building, constructed in 1944, currently operating as a 25-room hotel. The hotel features a fully equipped commercial kitchen with a hood vent and suppression system, and a dining area suitable for dine-in or takeout service. The property is zoned C-5, offering significant redevelopment potential. The 1.26-acre lot provides ample space for expansion. An additional six lots, located northwest of the hotel, are also available for purchase separately for $225,000, providing further expansion opportunities. The property is situated on the corner of NW 14th and NW Cache Rd., conveniently located just west of I-44, and enjoys proximity to several established businesses including Galleria Furniture, Relax Inn Lawton, Rise & Shine Omelet Grill, and Sanders Hardware. The asking price for the hotel and land is $550,000, with a price per square foot of $39.06. This turnkey operation presents a compelling opportunity for investors seeking a high-return property with significant upside potential. The property's prime location and flexible zoning make it ideal for a variety of commercial uses.

Highlights

  • Turnkey 25-room hotel, 10,112 SF, Lawton, OK.
  • Highest and best use is redevelopment.
  • Six adjacent lots available for $225,000.

Property Details for 1401 Cache Rd

Property type
Land, Industrial properties
Square Feet
10,112 SF
Year Built
1944
Lot Size (sq. ft)
54,886 SF

Location Insight

City
Lawton
County
Comanche
State
Oklahoma
Latitude
34.6235952
Longitude
-98.4103966

FAQs

What type of property is this?
Land - 10,112 SF Hotel & Land, Turnkey Ready
Where is the land located?
The property is located at 1401 Cache Rd Lawton, OK.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Turnkey 25-room hotel, 10,112 SF, Lawton, OK.; Highest and best use is redevelopment.; Six adjacent lots available for $225,000.
How can I contact the broker?
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1401 Cache Rd
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