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    114 E Cypress St Altus, OK 73521

    For Sale
    $225,000

    RESTAURANT - Altus, OK

    Property size:
    2,940 SF
    Days on Market:
    126
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 114 E Cypress St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    C-1 Local Comm Dist
    Interior features
    Security System
    Appliances
    Dryer, Freezer, Range, Refrigerator
    Size
    2,940 SF

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Flooring type
    Concrete, Other
    Building materials
    Brick, Brick Veneer
    Roof type
    Built-Up, Flat
    Architectural style
    Other

    Re/Max Professionals (580) 353-7496 [email protected]

    Listing agent ELIZABETH CARTMILL (580) 353-7496

    Listing date Aug 8, 2025

    MLS# 168548 Listing URL

    Copyright © 2025 Lawton Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Altus Restaurant/Retail Opportunity For Sale

    This 2940-square-foot property, previously used as a restaurant, offers diverse potential uses including office, retail, residential rental, or automotive shop, according to the listing. The property is located just off the Altus Towne Square. The roof was replaced approximately 3 years ago, and the electrical system and water heater were updated in 2019. The HVAC system was replaced in 2024, and the flooring was replaced in 2021. The property includes a counter, one 3/4 bathroom, and two 1/2 bathrooms. Included in the price are refrigerators, a triple prep sink, and a double prep sink. An overhead door with an automatic opener is located at the back of the property. The zoning is C-1 Local Comm Dist.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aloha Grill Altus Hawaiian Restaurant Vassella Debra D Tax Preparation Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.333054
    Latitude
    34.639676

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/retail property with recent updates, near Altus Towne Square.
    Where is this restaurant located?
    The property is located at 114 E Cypress St Altus, OK.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - HVAC replaced in 2024; - Electrical redone in 2019 and water heater replaced in 2019; - Flooring replaced in 2021
    (580) 353-7496
    Request Owner's contact information
    114 E Cypress St Altus, OK 73521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 E Cypress St Altus, OK 73521
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