309 S Van Buren St - Fast Food FOR SALE


Enid, OK 73703
$700,000 USD
954-902-5255
309 S Van Buren St, Enid, OK for Sale
$700,000 USD
Fast Food - FOR SALE
1/4
null | Request Cap Rate

309 S Van Buren St
Enid, OK 73703


HIGHLIGHTS

  • Vacant Long John Silver's restaurant with existing drive-thru infrastructure in place, saving the cost and time of building drive- thru lanes
  • Renovated in 2018, offering a functional footprint for an owner- user, investor, or developer pursuing repositioning or re- tenanting
  • Existing drive-thru, curb cuts, utilities, parking, and pylon signage reduce redevelopment costs and accelerate the path to opening.
  • Located along South Van Buren Street, a primary commercial corridor with traffic counts exceeding 20,000 VPD, surrounded by a strong mix of national
  • Located within an Opportunity Zone, offering potential tax advantages and long-term value-creation opportunities.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale a 2,404 SF Vacant Long John Silver's restaurant situated on a 0.57-acre parcel along South Van Buren Street in Enid, Oklahoma.? Originally built in 1978 and renovated in 2018, the property features an existing drive-thru configuration, ample parking, pylon signage, and existing utility infrastructure, providing a cost-effective opportunity for an owner-user, investor, or developer seeking a repositioning or re-tenanting opportunity.? The property is zoned C-3 General Commercial, allowing for a wide variety of retail, restaurant, coffee shop, medical, and service-oriented uses.? Its strategic location along one of Enid's primary commercial corridors provides excellent visibility and accessibility, with traffic counts exceeding 20,000 vehicles per day on Van Buren Street.? The surrounding area is home to a strong mix of national and local retailers, restaurants, and service providers, supporting consistent consumer traffic and demand.? Additionally, the property is located within an Opportunity Zone, offering potential tax advantages and long-term value creation opportunities.? With existing drive-thru infrastructure already in place and limited redevelopment requirements, the site is well-positioned for a quick turnaround and future occupancy.?

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$291 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Vacant Long John Silver - Enid, OK

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C-3

APN/PARCEL ID

4990-00-005-003-0-024-00,5000-00-003-006-0-018-00

ASK ABOUT THIS PROPERTY

Jessica HarrisSands Investment GroupMore Info
954-902-5255

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

Jessica HarrisSands Investment GroupMore Info
954-902-5255

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