Address
2204 S Park Highway, Broken Bow, OK
Price
$ 1,800,000
Property Attributes
- MLS#1063730
- TypeCommercial
- CountyMCCURTAIN
- CityBroken Bow
- Zip74728
- Style
- Price$ 1,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3306
- Lot Size1.5 Acres
Data Source:
Oklahoma City Metro MLS (OKCAR)
Property Description
This property is situated in a popular tourist area and presents a lucrative opportunity for a turnkey restaurant business. With a seating capacity of over 100 and potential for expansion, The OAKS has been operating successfully for more than 25 years. The current owner is retiring, making this an ideal time to acquire the establishment. Housed in a spacious log cabin, the restaurant enjoys high visibility on a heavily trafficked four-lane highway, with an average daily traffic count exceeding 16,000. Renowned among both locals and tourists, The Oaks Steakhouse takes pride in its dedicated and long-serving employees, who consistently deliver exceptional service. Founded on October 27th, 1997, by L.D. "Bud" Gilbreath, a former McCurtain County sheriff, and his wife Laverne, the restaurant represents the Gilbreath family's reentry into the customer service industry after operating a grocery store. The choice of the restaurant's name is inspired by the presence of majestic oak trees surrounding the site. As one of the pioneering dining establishments in the area, The Oaks Steakhouse has garnered the appreciation and unwavering support of the community. It is worth noting that Broken Bow, where the restaurant is located, has been ranked as the top small town to live in the state of Oklahoma, fifth in the nation, and among the top 20 tourist destinations nationwide. This self-sustaining and profitable business opportunity comes with the option of partial financing. Interested parties must provide proof of their financial capabilities to purchase the property, upon which the relevant financial records will be shared.
| Price History | |
|---|---|
| 5/26/2023 | Listed $1,800,000 |
General Features
| Sewer | Public |
|---|---|
| Construction | Log |
| Parking | Circle Drive,Concrete Drive,Gravel Drive |
| Water | Public |
| Zoning | Commercial |
| Gas Y/N | Public |
| Handicap Access | Yes |
| Misc Features | Storage |
| Sub Type | Restaurant |
Interior Features
| Cooling System | Central Elec |
|---|---|
| Heating System | Central Electric |
Exterior Features
| Land Sq Ft | 65340 |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 74728
Price
Visits
Year Built
Walkscore
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