New Listing
Choctaw County, Oklahoma
Ask Michael Daniels
Commercial building downtown Hugo Oklahoma
ID:
99331
Status:
New Listing
Price:
$495,995
Acres:
0.5
Type:
Commercial
Address:
119 E. Jackson St
City, State:
Hugo, Oklahoma
County:
Choctaw
Zip Code:
74743
Lat/Long:
34.011034, -95.511949
Description
Fully Restored Historic Mixed-Use Investment
True NNN | 9% Cap Rate | No Deferred Maintenance
Located in the heart of downtown Hugo, this completely reimagined historic building offers exceptional craftsmanship, modern infrastructure, and stable income - all in one turnkey investment.
Annual NNN Income: $44,900
Asking Price: $495,995
Cap Rate: ~9.05%
Asking Price: $495,995
Cap Rate: ~9.05%
This is not a surface remodel - this is a full systems rebuild with premium custom finishes throughout.
Major Capital Improvements
- Spray Acrylic Roof (rare and highly valuable)
- All New Electrical Throughout
- All New Plumbing Throughout
- Energy-Efficient HVAC Systems
- R-38 Insulation in Commercial Ceiling
- All New Low-E Commercial Glass
- Custom Iron Commercial Entry Door
- LED Lighting & Custom Antique Ceiling Fans
Zero deferred maintenance. Built for long-term performance and efficiency.
1,700 SF Commercial Space (Triple Net Leased)
Fully renovated professional space with modern systems, energy efficiency, and strong street presence.
True NNN structure provides passive income with minimal landlord responsibility.
1,350 SF Luxury Loft - A True Showpiece
The upstairs loft is where historic character meets custom craftsmanship.
The centerpiece is a one-of-a-kind live-edge sycamore slab staircase, handcrafted and paired with industrial stainless steel cable railing. The upper landing overlooks the main level below, highlighted by an oversized warehouse-style ceiling fan - creating dramatic vertical space and architectural impact rarely seen in properties of this size.
Additional luxury features include:
- Custom soft-close cabinetry
- High-end custom tile work throughout
- Upstairs laundry
- Expansive primary suite with large walk-in closet
- Spa-inspired master bath featuring:
- Oversized soaking tub with chandelier
- Large walk-in shower with seamless glass enclosure
- Backlit & heated mirrors
This loft is not typical downtown living - it is a designer-quality space built with intention and detail.
Investment Highlights
- Strong 9%+ cap rate
- True passive NNN income
- Fully modernized historic structure
- New foam and spray Acrylic roof
- High-efficiency upgrades throughout
- Premium residential component adds long-term upside
Location: 2 hours from Dallas Tx, 3 hours from OKlahoma City Ok , 1 hour from Durant Oklahoma, 1 1/2 hour from Sherman/Denison Tx , 1 hour from resort town Hochatown/Brokenbow lake.
This property stands apart from typical small-market investments. This property already has a full multi year Medical tenant in place. It offers institutional-level renovation quality combined with stable cash flow and architectural character that cannot be duplicated. Additional properties on same block to build out the whole street downtown. Don't miss out on this unique opportunity to own buildings in a great location in this growing community. Several large industrial project slated for 2026 through 2029 will bring substantial economic development.
Financials available upon request.
Call for a showing today Michael Daniels Mossy Oak Properties/ Oklahoma Ag Rec Land LLC 580 317 3412 or 580 326 8867 Email: mdaniels@mossyoakproperties.com
Additional Details
Home Details
Sq Ft:
3050
Beds:
1
Full Baths:
2
Half Baths:
2
Maps
Ask Michael About This Property
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