109 N Main - Light Distribution FOR SALE


Spavinaw, OK 74366
$499,500 USD
918-256-7625
109 N Main, Spavinaw, OK for Sale
$499,500 USD
Light Distribution - FOR SALE
1/11
null | Request Cap Rate

109 N Main
Spavinaw, OK 74366


HIGHLIGHTS

  • Highway frontage
  • Close to South Grand Lake AND Lake Hudson
  • Within walking distance to Spavinaw Creek and Spavinaw Lake
  • Building 1 - Restauant, Office, Gym, Light Manufacturing or Multi-purpose
  • Bulding 2 - Residential, Gift Shop, Coffee Shop, Bait Shop

OVERVIEW

Two businesses for the price of one; this listing features a restaurant and a gallery, nestled at the base of Spavinaw Hills/Spavinaw Lake. Located on Main Street, the property is in a beautiful area where recreation is sought after by people looking for "off the beatin' path"; a destination location restaurant/gallery. Nearby Spavinaw Creek State Park is known for its peaceful serenity and Spavinaw Lake is known for the fishing; all within a mile radius of the property. Having a business in Spavinaw drawns people from NE Oklahoma, as well as NW Arkansas; located within an hour of Tulsa or Bentonville. It is also a prime location; 10 minutes from South Grand Lake and 15 minutes from Lake Hudson. The property has the main 3360 sq.ft building that is set up as a restaurant with a nice dining hall, prep/kitchen area, walk-in cooler, several storage spaces, wash room, two customer restrooms, and an office space. Outside, it features room for outdoor cooking/outdoor dining areas. The second building 1240 sq.ft is currently used as a gallery. This space would work well for a gift shop, coffee shop, donut shop, bait and tackle. Many options here for both buildings. The property also has a mobile home for storage. Spavinaw has other businesses on Main Street that are currently drawing an active customer base. Traffic reports indicate over 1500 cars a day pass through the town. So much opportunity with this property; invest in a destination location! https://tulsa.mlsmatrix.com/matrix/shared/dJHcKwRBsH/105NMain

FOR SALE DETAILS

PRICE

$499,500 USD

PRICE/SF

$149 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Bradfords Bar-B-Que

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16

LAND SF

7,000

ZONING

Commercial

APN/PARCEL ID

T001-00-004-027-0-001-00

ASK ABOUT THIS PROPERTY

Dana ShrumSolid Rock, RealtorsMore Info
918-256-7625

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Dana ShrumSolid Rock, RealtorsMore Info
918-256-7625

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.