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Restaurant Building with Covered Patio
For Sale
$270,000

319 Oklahoma Blvd, Alva, OK 73717

COMMERCIAL/INDUSTRIAL, Alva, OK

Property SizeContact for details
Lot Size0.39 Acres
Days on Market221

Property Features for 319 Oklahoma Blvd

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Parking features Parking Lot, Other
Lot features Corner Lot
Subdivision Alva
Standard status Active
Lot size 0.39 Acres

Utilities

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

Amenities

multiple dining rooms
coffee/bar lounge area
covered patio with pergola
commercial kitchen
bakery/prep space
handicap accessibility
extensive storage
beautiful wood floors
outdoor covered patio with electronics, lighting, fans, tables, and seating
electronic billboard

Building Details

Year built 1928
Floors in Building 1
Flooring type Wood
Roof type Metal
Listing Agency: Real Broker LLC
Listed By: Jessica Smith · License #172976
Added: Jan 15 Changed: Aug 24 Last Checked: Aug 24 at 7:06AM
MLS# 20260060

Copyright © 2026 Northwest Oklahoma Association 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.

Investment Insights

Based on property information with market context.

This restaurant-oriented commercial property combines a customer-facing main level with support space below. The approximately 1,440-square-foot primary floor includes multiple dining areas, a coffee and bar lounge, commercial kitchen, bakery and preparation areas, wood flooring, storage, central heating and air, and a kitchen mini-split. A partially finished 1,440-square-foot basement provides an office, storage rooms, mechanical areas, and a half bathroom. The building also has a covered patio with pergola, lighting, fans, electronics, tables, and seating, along with a main-level bathroom and handicap accessibility.

The 0.39-acre site occupies three lots at a signalized intersection on Highway 64 in Alva. Site improvements include a 20-by-18-foot detached garage, a paved concrete front circle drive, and gravel parking west and behind the building. Commercial zoning and the former retail configuration support consideration of restaurant, coffee, retail, office, or other commercial use. The property includes a metal roof, stucco masonry exterior, central mechanical systems, and a tankless water heater. Real estate and equipment are offered separately from the operating business.

Key Highlights

  • Approximately 1,440 sq ft main level plus an additional 1,440 sq ft partially finished basement
  • 0.39‑acre site spanning three lots at a signalized Highway 64 intersection
  • Restaurant layout with dining rooms, coffee/bar lounge, commercial kitchen, and bakery/prep space

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy Electrical Service Building Supply Barber Shop

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Yes
Commercial hood
Yes
Grease trap

Location Intelligence

Trade Area within ½ mile

455
Businesses Nearby
31k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 93% Shops & Services 7%
McDonald's Dining
14,917 visits/mo 0.2 miles
SONIC Drive In Dining
10,703 visits/mo 0.3 miles
SUBWAY Dining
2,726 visits/mo 0.4 miles
O'Reilly Auto Parts Shops & Services
1,746 visits/mo 0.1 miles
Napa Auto Parts Shops & Services
504 visits/mo 0.4 miles

Demographics for 73717, OK

6,964
Population
3,289
Households
2.1
Avg Household Size
33
Median Age
36%
College-Educated
88%
High-School Grad
674.7 sq mi
ZIP Area
10
Density / Sq Mi
$45,972
Median Household Income
$26,883
Median Earnings
$808
Median Rent
$142,500
Median Home Value

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 - Commercial zoning, basement support space, and flexible improvements accommodate restaurant, retail, or office use.
Where is this conventional restaurant located?
The property is located at 319 Oklahoma Blvd Alva, OK.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Approximately 1,440 sq ft main level plus an additional 1,440 sq ft partially finished basement; 0.39‑acre site spanning three lots at a signalized Highway 64 intersection; Restaurant layout with dining rooms, coffee/bar lounge, commercial kitchen, and bakery/prep space
More about this property
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