1700 Cherokee AveSallisaw, OK 74955

Property Details for 1700 Cherokee Ave

Year built

1987

Lot size

0.93 AC

Property size (Sq ft)

13,800 SF

Property type

Hospitality properties

Property subtype

Motels

Description

This exceptional 33-key hotel, the Blue Jay Inn and Suites, presents a compelling investment opportunity in Sallisaw, Oklahoma. Boasting 13,800 square feet on a 0.93-acre lot, this two-story property, built in 1987 (APN: 0000-06-011-024-0-079-00), features exterior corridors and has recently undergone a complete renovation. Strategically located just off Interstate 40, it benefits from high visibility and easy access. The asking price is $925,000, translating to $67.03 per square foot and $28,030 per key. The property includes a sizable on-site manager's quarters. Its location in Sallisaw offers proximity to a thriving economy and a welcoming community, while also being less than 1.5 hours from Tulsa. The Blue Jay Inn and Suites presents significant potential for an owner-operator, with branding opportunities and the possibility of conversion to other uses. This is a rare chance to acquire a fully renovated, well-positioned hotel in a growing market. The property's address is 1700 W Cherokee Ave, Sallisaw, OK 74955.

Location Insight

City

Sallisaw

County

Sequoyah

State

Oklahoma

Latitude

35.4604

Longitude

-94.809

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