Active
2204 S Park Highway
Broken Bow OK, 74728
$1,700,000
$674.60 per sqft
Active
2,520 sqft
Commercial
Built in 1997
Listing courtesy of Tammie Duck and with Keller-Williams Platinum B.B. Listing Contact: 580-494-3466
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.
1119298
MLSⓇ ID
June 5, 2024
Listed
November 22, 2024
Updated
Map
2204 S Park Highway
Broken Bow OK, 74728
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Electric
Exterior/Building Features
Lot Size
1.5 Acres
Other Property Details
Taxes
$2,174
Tax Frequency
Annually
Days on Market
47
Association Fee Frequency
Yearly
Garage
No
Parking
Additional Parking, Asphalt, Circular Driveway
View
No
County
McCurtain
Pool
No
Listing History
Date | Event | Price |
---|---|---|
7/15/2024 | Price change | $1,700,000 -6% |
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