2011 Broadway Street Poteau, OK $ 600,000
2011 Broadway Street
$ 600,000
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2011 Broadway Street

Poteau, OK, 74953
$ 600,000
Bedrooms-- Baths-- Sq 4,731

Monthly Estimate*

$ 3,743

2011 Broadway Street, Poteau, OK 74953 - Image 1
2011 Broadway Street, Poteau, OK 74953 - Image 2
2011 Broadway Street, Poteau, OK 74953 - Image 3
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Commercial Property for sale in Poteau, OK

for $600,000. This 4,731 square foot building was built in 1960 on a lot size of 0.48.

The Economy Inn is a 16-room motel positioned along busy Broadway Street in Poteau, Oklahoma—one of the city’s most active and visible commercial corridors. Within two miles, nine other hotels operate, forming a strong hospitality cluster that consistently attracts both travelers and long-term tenants. Poteau is a growing regional community located about 40 minutes from Fort Smith, Arkansas. The motel, originally constructed in the 1970s–1980s, includes a two-bedroom manager’s apartment, making it ideal for an owner-operator or on-site management. Its central location, steady traffic, and proximity to major businesses give it solid long-term potential. Since 2020, the surrounding area has seen rapid development. Several new fast-food restaurants and retail establishments have opened nearby, each generating consistent traffic and strengthening Broadway Street’s status as the main commercial artery of Poteau. This steady local growth supports strong demand for short- and extended-stay lodging. The building is a sturdy structure representative of its construction era, with most rooms featuring window A/C units. Minor upgrades—fresh paint, updated appliances, and exterior cleanup—would greatly improve presentation and competitiveness. The property compares favorably to nearby American Inn, which maintains high occupancy with similar room styles. The current owner, based in Dallas, Texas, has acquired several other motel properties and lacks the time to oversee daily operations at this location. With consistent attention and modest updates, this motel offers excellent potential for a new owner to capitalize on its visibility, traffic, and position within a growing market.

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Commercial Active

Price

$ 600,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.48

Year Built

1960

Town/City

Poteau

County/Region

Le Flore

MLS | Web ID

1085224

Features
General
Year Built 1960
Property Subtype Hotel/Motel
Gross Income 120000
Business Type Hotel/Motel
County Leflore
Operating Expense 60000
Property Type Commercial Sale
Special Listing Conditions None
Status Active
Directions From Highway 112 head south on Broadway (Hwy 59 Business) 1.9 miles. Motel will be on your right.
City Poteau
Lot Size Units Acres
Virtual Tour https://www.propertypanorama.com/2011-Broadway-Street-Poteau-OK-74953/unbranded
Standard Status Active
Tax Lot 2
Property Sub Type Additional Hotel/Motel
Legal Description POTEAU FORBES ADD BLK 3 N65 LOT 2 & S85 LOT 3 B1473 P202.
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Exterior
Lot Size Area 0.48
Lot Dimensions 0.48 Acres
Lot Size Acres 0.48
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* Excluded Features
List By
Keller Williams Platinum Realty

Broker

michellep@michellesayssold.com

Email

Affordability Calculator

$3,743
Per Month
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0%
Monthly Principal & Interest
$3,743
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/25/2025$600,000 -14.29% Price Down
11/12/2025$700,000 Listed Price

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2011 Broadway Street, Poteau, OK, 74953 is a Commercial Property for sale at $600,000 with 4,731 sqft and a lot size of 0.48. 2011 Broadway Street was built in 1960. The property's zip code is 74953 which is in Poteau, OK