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Restaurant w/ Event-Bar Space on Hwy 183 1120 S 10th St 5,594 SF Retail Building Frederick, OK 73542 $245,000 ($43.80/SF)



Investment Highlights
- Highway Traffic / High Visibility
- Has multiple possible uses
- Separate but connected Restaurant and Bar/Event Spaces
Executive Summary
This is a highly visible, large restaurant building located on HWY 183 in SW Oklahoma. The building has been leased as a full Breakfast/Lunch/Dinner restaurant the last few years and is up to date meeting all OK State Health codes. There is a separate restaurant side and an event/bar side that are connected in the rear by the large commercial kitchen/prep areas, allowing each side to function independently, yet allow the staff to service each from the kitchen. Men's/Women's restrooms are also on each side. Much of the Kitchen Equipment and Dinning Room furniture remains with the building if desired. Building could be also be used for a variety of other uses, such as: Hunters/Outfitters Lodge, Retail Showroom, Office Space, Light Manufacturing, Data Hosting, Etc. Call today 580-704-7454 to explore how this building could meet your needs! Lease is optional only if under a lease-purchase contract with an experienced, qualified tenant-operator. (Agent is also the Owner of the property)
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
5,594 SF
Building Class
B
Year Built/Renovated
1958/2017
Price
$245,000
Price Per SF
$43.80
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
2.00 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial Restaurant or Retail/Office/Industrial/Manufacturing Building
Parking
38 Spaces (7.6 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Conferencing Facility
- Restaurant
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
Property Taxes
| Parcel Number | 1125-00-010-013-0-000-00 | Improvements Assessment | $9,142 |
| Land Assessment | $555 | Total Assessment | $9,697 |
Property Taxes
Parcel Number
1125-00-010-013-0-000-00
Land Assessment
$555
Improvements Assessment
$9,142
Total Assessment
$9,697
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Restaurant w/ Event-Bar Space on Hwy 183 | 1120 S 10th St
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