$ 1,700,000
2204 S Park Highway Broken Bow, OK 74728
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,700,000
Est. payment /mo
Active
2204 S Park Highway Broken Bow, OK 74728
2,520 SqFt
UPDATED:
07/15/2024 08:20 PM
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Active
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $674
MLS Listing ID 1119298
Construction Status Log
Year Built 1997
Property Description
OWN AN ICON This property is 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 custom-built Satterwhite log cabin, the restaurant enjoys high visibility on A HEAVILY TRAFFICED FOUR LANE HIGHWAY WITH AN AVG DAILY TRAFFIC COUNT EXCEEDING 16,000. Popular with 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 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 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.
Location
State OK
County Mccurtain
Zoning Commercial
Interior
Heating Central Electric
Cooling Central Elec
Exterior
Private Pool Yes
Building
Structure Type Log
Construction Status Log
Others
Acceptable Financing Cash, Conventional, Seller will Finance
Listing Terms Cash, Conventional, Seller will Finance
Listed by Tammie Duck • Keller-Williams Platinum B.B.