1221 N Grady St - Restaurant FOR SALE


Altus, OK 73521
$390,000 USD
816-945-7741
1221 N Grady St, Altus, OK for Sale
$390,000 USD
Restaurant - FOR SALE
1/12
null | 6.53% Cap Rate

1221 N Grady St
Altus, OK 73521


HIGHLIGHTS

  • Income Producing

OVERVIEW

Altus Commercial Property Auction ONLINE ONLY Bidding Ends: October 6, 2026 ? 2 PM CT Preview: October 2, 2026 ? 10 AM–12 PM Location: 1221 N. Grady St., Altus, OK 73521 An exceptional opportunity to acquire a restaurant-ready commercial property in a high-traffic Altus location. Property Highlights • 3,134± SF Commercial Building • 0.47± Acre Commercial Lot • Former Restaurant Space • Commercial Kitchen • Multiple Dining Areas • 400-Amp Three-Phase Electrical • Walk-In Cooler/Freezer • Multiple HVAC Systems • Approx. 45–50 Paved Parking Spaces • High-Traffic Location • Turnkey Restaurant Potential • Possible Owner Financing Available The commercial kitchen includes a CaptiveAire vent hood with fire suppression, Vulcan gas range, convection oven, three-compartment sink, commercial freezer, stainless-steel work tables, storage and an attached walk-in cooler/freezer. Don't miss this opportunity to acquire a restaurant-ready commercial property with substantial infrastructure already in place. Bid Now! Johnny Horton, Broker/Auctioneer United Country | H5 Auction & Realty (903) 686-0636 | H5AuctionAndRealty.com Visit website for full auction terms and details.

FOR SALE DETAILS

PRICE

$390,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

6.53%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Altus Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

C

APN/PARCEL ID

0010-00-009-005-0-001-00

ASK ABOUT THIS PROPERTY

Jason ColeUnited Country Real EstateMore Info
816-945-7741

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

Jason ColeUnited Country Real EstateMore Info
816-945-7741

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