2011 Broadway Street, Poteau, OK 74953
Leflore County
Key Facts
Description
The Economy Inn is a 16-room motel on busy Broadway Street in Poteau, Oklahoma—an established hospitality corridor surrounded by multiple hotels, restaurants, and steady commercial traffic. Built in the 1970s–1980s, it includes a two-bedroom manager’s apartment ideal for owner-operators. Since 2020, the area has seen new development, including several fast-food restaurants and retail sites that bring heavy daily traffic and enhance the property’s visibility. The building is solid, with most rooms featuring window A/C units. Minor updates such as new paint, appliances, and exterior cleanup would improve curb appeal. The current owner lives in Dallas and manages multiple motel properties, so this location is not receiving full oversight—making it a prime opportunity for a hands-on buyer to maximize potential in a high-traffic, growing area.
Property Information
Property Type
Commercial Sale
Sub-Type
Hotel/Motel
Year Built
1960
Living Area
4,731 sq ft
Lot Size
0.48 acres
Days on Market
162
MLS® Listing#
1328204
Property Features
Financial Details
Parcel Number
Q080-00-003-000-0-006-00
Directions
From Highway 112, head south on Broadway (Hwy 59 Business) 1.9 miles. Motel will be on your right.
Affordability Calculator
$80,000
Estimated monthly payment
$2,129/mo
Principal $320,000 · Est. interest $446,428 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Poteau, OK
- $312,500
- Median Listing Price
- 35
- Median Days on Market
- 2,304
- Median Sq Ft
- $151
- Median Price / Sq Ft
- 11
- Active Listings
- This home’s price is 28% above the area median.
- Its price per sq ft is 44% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Poteau, OK.
Location
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Points of Interest in Poteau, OK
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 506 S Broadway Street, Poteau, OK | $300,000 | — | — | 8,800 |
| 34411 Berryfrost Lane, Poteau, OK | $349,500 | 3 | 2 | 1,778 |
| 1 Durant Hill Road, Poteau, OK | $349,712 | — | — | — |
| 102 Kidd Lane, Poteau, OK | $365,000 | 3 | 3 | 3,171 |
| 36602 Ridge, Poteau, OK | $369,900 | 4 | 3 | 2,304 |
| 803 N Broadway Street, Poteau, OK | $379,900 | — | — | 14,197 |
Moving Cost Estimate
EXIT Agents in Poteau
Listing Courtesy: Keller Williams Platinum Realty - 479-434-3000
Presented by: Michelle Pendergraft