362160 US 64 - Restaurant FOR SALE


Cleveland, OK 74020
$115,000 USD
702-336-0328
362160 US 64, Cleveland, OK for Sale
$115,000 USD
Restaurant - FOR SALE
1/7
null | Request Cap Rate

NEW


362160 US 64
Cleveland, OK 74020


HIGHLIGHTS

  • Direct highway frontage along US-64 with strong visibility and easy access.
  • Adaptable building footprint suitable for food, beverage, or entertainment uses.
  • Infrastructure in place to support tavern reactivation and food service operations.
  • Opportunity to pursue liquor or wine licensing for expanded revenue potential.
  • Off-street paved parking and essential utilities, including well water and septic system.
  • Positioned on 0.77 acres in a rural-commercial setting with room for repositioning.

OVERVIEW

This C-1 zoned retail commercial property offers a unique opportunity for investors or operators seeking a flexible, value-add asset with direct highway frontage. Situated on 0.77 acres along US-64, the property benefits from strong visibility and convenient access in a rural-commercial setting. Formerly operated as a bar and tavern, the building features an adaptable footprint that can accommodate a range of uses, including food and beverage concepts, entertainment venues, or specialty retail. Existing infrastructure supports the reactivation of tavern operations, the addition of pub or BBQ food service (subject to health permit requirements), and the pursuit of liquor or wine licensing. The layout also lends itself to conversion for uses such as a pool hall, dance venue, or other entertainment-driven concepts. With off-street paved parking and essential utilities in place, this property provides a solid foundation for repositioning and operational creativity. Offered at an attractive price point, this asset represents a compelling opportunity to capture highway exposure and leverage the growing demand for destination-oriented businesses in the region. Whether for an owner-user or an investor, the site’s visibility and adaptability make it a strong candidate for redevelopment or rebranding to meet evolving market needs.

FOR SALE DETAILS

PRICE

$115,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,224 SF

ZONING

-

APN/PARCEL ID

0000-22-21N-07E-2-012-00

ASK ABOUT THIS PROPERTY

Lori WayneRealty One Group DreamersMore Info
702-336-0328

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Lori WayneRealty One Group DreamersMore Info
702-336-0328

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