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Renovated Conventional Restaurant
For Sale
$459,000

29301 Highway 82, Park Hill, OK 74451

Land, Other OK, OK

Property SizeContact for details
Lot Size1.44 Acres
Days on Market143

Property Features for 29301 Highway 82

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Lot features Level
Elementary school district Tenkiller
Middle school district Tenkiller
High school district Tenkiller
Directions Located right on HWY 82
Standard status Active
APN 0000-29-15N-23E-0-056-00
Lot size 1.44 Acres

Taxes and HOA fees

Tax Description T15N R23E S29 BEG SW/C SE NW S89*43'E159. 2' N00*09' W65' N55* E32.62' TO POB S63*28' E153.68' N43*33'30" E84.1 ON A DIR LINE TO A PT 112.13' E & 78.51'N OF POB S55* W136.88' TO POB
Tax Annual Amount 2016
Legal Description T15N R23E S29 BEG SW/C SE NW S89*43'E159. 2' N00*09' W65' N55* E32.62' TO POB S63*28' E153.68' N43*33'30" E84.1 ON A DIR LINE TO A PT 112.13' E & 78.51'N OF POB S55* W136.88' TO POB

Utilities

Sewer type Septic Tank
Water source Public
Listing Agency: McGraw REALTORS - OK
Listed By: Carrie Warren · License #180246
Added: Apr 22 Changed: Sep 7 Last Checked: Sep 11 at 11:06AM
MLS# 1343877

Copyright © 2026 ArkansasONE MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This conventional restaurant occupies 1.44 acres near Lake Tenkiller and has undergone a full renovation. Improvements include a modernized kitchen with new equipment, walk-in freezers, refreshed seating areas, new flooring, and wood wall and ceiling finishes. The interior is configured for restaurant operations and presents a finished setting for continued food service or a new concept.

The property is located along Highway 82 with frontage on the highway. Public water serves the site, while wastewater is handled by a septic tank. Its Lake Tenkiller setting places the restaurant near a recreational destination serving both local and visiting customers.

Key Highlights

  • 1.44‑acre restaurant property near Lake Tenkiller
  • Fully renovated restaurant building
  • Modernized kitchen with new equipment

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Butcher Restaurant Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

10
Businesses Nearby
Well-served
Demand for This Use

Demographics for 74451, OK

3,613
Population
2,653
Households
1.4
Avg Household Size
45
Median Age
34%
College-Educated
88%
High-School Grad
88.4 sq mi
ZIP Area
41
Density / Sq Mi
$58,029
Median Household Income
$38,859
Median Earnings
$956
Median Rent
$151,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Lake-area restaurant with modern kitchen infrastructure, walk-in freezers, refreshed seating, and finished interior details.
Where is this conventional restaurant located?
The property is located at 29301 Highway 82 Park Hill, OK.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 1.44‑acre restaurant property near Lake Tenkiller; Fully renovated restaurant building; Modernized kitchen with new equipment
More about this property
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