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    230 E Lake Dr Medicine Park, OK 73557

    For Sale
    $950,000

    RESTAURANT - Medicine Park, OK

    Property size:
    1,044 SF
    Lot size:
    1.25 Acres
    Days on Market:
    47
    Last Refresh:
    Dec 13 at 8:06 pm

    Property Features for 230 E Lake Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Interior features
    Smoke/Heat Alarm
    Appliances
    Other
    Size
    1,044 SF
    Lot size
    1.25 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Floors in Building
    1
    Flooring type
    Concrete, Hardwood
    Building materials
    Frame
    Roof type
    Composition
    Architectural style
    Other

    Elgin Realty LLC (580) 492-4260 [email protected]

    Listing agent LISA EAKINS (580) 492-4260

    Listing date Oct 28, 2025

    MLS# 169517 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

    Restaurant Opportunity in Medicine Park

    This property presents an opportunity in Medicine Park, Oklahoma. Previously operating as a bar and grill, the property includes the building, all equipment, and a span of 9 lots totaling approximately 1.25 acres. The property size is 1044 square feet. The business name is also included, if desired. The property is located in Comanche County.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Food Market Hair Salon Women's Store Bakery Smoke and Vape Shop Wine and Liquor Store Clothing Store Nail Salon Arcade & Gaming Center Italian Restaurant

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

    Similar Places Nearby

    Nice Ice Baby Medicine Park, Refuge Ale House, Park Tavern

    Location Insight

    • Map
    • Local Demand
    City
    Medicine Park
    County
    Comanche
    State
    Oklahoma
    Longitude
    -98.503349
    Latitude
    34.728656

    Nearby Similar for Sale

    • $950,000
      1.25 Acres

      Medicine Park Bar & Grill

      Bar and grill with equipment on 1.25 acres for sale.
      230 East Lake Dr, Medicine Park, OK 73557
      View Details
    • $460,000
      Pending

      Medicine Park Duplex Cabins

      Fully furnished duplex in Medicine Park, Oklahoma, ready for Airbnb.
      115 N Sheridan, Medicine Park, OK 73557
      View Details

    FAQs

    What type of property is this?
    Bar - Restaurant with equipment on 1.25 acres in Medicine Park.
    Where is this bar located?
    The property is located at 230 E Lake Dr Medicine Park, OK.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Prime commercial opportunity in Medicine Park, ready for immediate operation.; - Includes building and all equipment (inside and out). Business name optional.; - Large lot size: approximately 1.25 acres spanning 9 lots.
    (580) 492-4260
    Request Owner's contact information
    230 E Lake Dr Medicine Park, OK 73557
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    Medicine Park, OK 73557
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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
    230 E Lake Dr Medicine Park, OK 73557
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