Commercial building downtown Hugo Oklahoma

Fully Restored Historic Mixed-Use InvestmentTrue NNN | 9% Cap Rate | No Deferred MaintenanceLocated 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%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 ShowpieceThe 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: