About This Home

This 0-bedroom, 4-bathroom commercial at 119 Jackson St. in Hugo, OK is listed for $385,000. on a 0.07 acres lot.

Key Features

  • 0.07 acre lot

Property Details

2 full, 2 half
Listing Description

Fully Restored Historic Mixed-Use Investment True NNN | 11.5% 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: $385,000 Cap Rate:~11.5% 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 C

ommercial 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 aone-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 wi

th 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 11.5%+ 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.

Monthly Cost Estimate

$2,059/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,668
Insurance$112

Estimates only. Actual payments may vary.

Location

119 Jackson St.

Hugo, OK 74743

Property Details

Construction

Brick

Heating

Electric (Heating)

Questions & Answers

This 0-bedroom, 4-bathroom commercial at 119 Jackson St. is listed at $385,000. The estimated monthly payment is $2,059 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: 0.07 acre lot.

This property is listed by Michael Daniels and can be reached at 580-326-8867.

MD

Michael Daniels

Agent at Oklahoma AgRec Land LLC

(580) 326-8867

Listed by Oklahoma AgRec Land LLC · Broker phone: 580-326-8867 · View on Broker Site

MLS# 11659469· Source: My State MLS· 214 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

119 Jackson St., Hugo, OK 74743

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