About This Home
This 0-bedroom, 0-bathroom commercial at 105 N Main Street in Spavinaw, OK is listed for $399,000 ($119 per sqft). Built in 1950, the home offers 3,360 sqft of living space on a 0.16 acres lot.
Key Features
- Built in 1950
- 0.16 acre lot
- 1 parking spaces
Property Details
Amenities
Two businesses for the price of one; this listing features a restaurant with a franchise option and a gallery, nestled at the base of Spavinaw Hills/Spavinaw Lake. Located on Main Street, the property is in a beautiful area where recreation is sought after by people looking for ''off the beatin' path''; a destination location restaurant/gallery.
Nearby Spavinaw Creek State Park is known for its peaceful serenity and Spavinaw Lake is known for the fishing; all within a mile radius of the property. Having a business in Spavinaw drawns people from NE Oklahoma, as well as NW Arkansas; located within an hour of Tulsa or Bentonville.
It is also a prime location; 10 minutes from South Grand Lake and 15 minutes from Lake Hudson. The property has the main 3360 sq.ft building that is set up as a restaurant with a nice dining hall, prep/kitchen area, walk-in cooler, several storage spaces, wash room, two customer restrooms, and an office space.
Outside, it features room for outdoor cooking/outdoor dining areas. The second building 1240 sq.ft is currently used as a gallery. This space would work well for a gift shop, coffee shop, donut shop, bait and tackle. Many options here for both buildings.
The property also has a mobile home for storage. Spavinaw has other businesses on Main Street that are currently drawing an active customer base. Traffic reports indicate over 1500 cars a day pass through the town. So much opportunity with this property; invest in a destination location!
Monthly Cost Estimate
$2,134/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
105 N Main Street
Spavinaw, OK 74366
SPAV
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 105 N Main Street is listed at $399,000 ($119/sqft). The estimated monthly payment is $2,134 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 0.16 acre lot, 1 parking spaces.
This property is listed by Dana Lyn Shrum and can be reached at 9185332875.