Commercial Building – Highway Frontage

LOCATION:  Central Eastern Oklahoma in LeFlore County and in the town of Wister.  The address is 500 Hwy 271, Wister, Ok 74966.  The building is located at the intersection of Etta Street and U. S. Highway No. 271 with about 141 feet frontage along the highway and about 221 feet frontage along Etta Street.  Wister Lake State Park is about 2 mi South from town.  The city of Poteau is about 7 mi North.  Oklahoma City is about 3 hrs.  Tulsa is about 1.45 hrs.  Dallas is about 4.5 hrs.  This is a valley location with mountains to the North and South.

SITE DESCRIPTION:  The site consists of about .7 acres fronting about 141 feet along the highway passing in front of the building and fronting about 221 feet along the East side which is a city street.  The land is level and has access from the highway and along the city street on the East side.  The building has excellent visibility approaching from either East or West and offers easy on and off access to the property.

BUILDING:  The commercial building being sold was constructed new in 1972.  It is 50 x 100 feet (5,000 sf) and has a masonry floor, concrete block exterior walls with a steel frame and all-metal roof.  The building is divided into two separate sections with the rear 1,500 sf being used for storage.  The front 3,500 sf is used for retail space at this time.  Since new the building has been occupied as a grocery market also selling feed with a deli in operation.  The building has two central heating and cooling units and one bathroom.  The building is in good condition inside and out with what appears to be recent paint.

HISTORY & REASON FOR SALE:  The family that owns this property has been in the grocery business in Wister since 1960.  They constructed this building in 1972 and have continuously operated the business at this location since that time. The owner has now made the decision to sell this property in order to retire.  The price at which the real estate and building is being offered does not include stock and fixtures in the store.

If the new owner/buyer wishes to continue with the grocery business, the property can be purchased with the fixtures at an additional cost of $20,000.  Included, but not limited to, are the following for the additional $20,000:  Freezers consisting of two 3 door units, a refrigerated cooler with 5 doors, a 12 ft produce box, 2 pop boxes, cash register, all counters an shelving in the store, ice machine, meat grinder, meat display case, 2 freezers, walk-in coolers, Hobart meat slicer, meat scales and other misc items.

TAXES:  $1,056.20 paid last year.

PRICE:  $160,000.

COMMENTS:  This 5,000 sf all masonry and steel building has a prime highway location in the city of Wister.  Wister is a small town located near Wister Lake State Park.  It has a bank, grade through high school, the county livestock auction and is about 10 minutes from the county seat city of Poteau.  This is the only grocery market in town, although there are two convenience stores with gas pumps.  The building is suitable for most any type of commercial use including retail or office-type space.  It could easily be divided into smaller spaces for rental purposes.  The building is in good condition with no repairs or updates needed. 

BULLET POINTS:

•   Prime U. S. Highway location.
•   141 feet of Highway frontage and 221 ft of city street frontage.
•   About 10 minutes to popular fishing lake with 11,000 acres surrounding public use
•   land for hunting, camping, hiking, horseback riding.
•   Long history of profitable retail operation at this location.
•   5,000 sf. All-steel & masonry building suitable for many other uses.
•   No other grocery market it this town. 
•   Building in good condition without renovation being needed for occupancy.
•   All steel and masonry construction qualifies for lowest insurance rates available.
•   Can be purchased with or without equipment and fixtures located in store.

AGENT:

Jeff Cooper.  Ph. 918-658-4162