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Freestanding Restaurant Building
New
For Sale
$199,000

601 East Highland Street, Shawnee, OK 74801

Shawnee, OK

Property Size2,000 SF
Lot Size0.24 Acres
Price / SF$99.50
Days on Market6

Property Features for 601 East Highland Street

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
Size 2,000 SF
Lot size 0.24 Acres

Building Details

Year built 1966
Listing Agency: NextHome Central Real Estate
Listed By: Steve Reese · License #120631,PersonLicenseNumber
Added: Aug 20 Changed: Aug 23 Last Checked: Aug 25 at 6:06AM
MLS# 1245600

Copyright © 2026 NextHome, Inc. 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 freestanding restaurant property in Shawnee includes a 2,000-square-foot building constructed in 1966 on a 10,539-square-foot corner lot. The commercial kitchen remains equipped with an exhaust hood system, wok range, char broiler, prep sinks, walk-in refrigerator, and walk-in freezer. The roof was replaced in 2022, and parking is available for approximately 30 vehicles. The property has an established food-service history at 601 East Highland Street, most recently operating as Studio Wok and previously as Kelsey's Steakhouse.

Zoned C-2 Regional Commercial, the site permits restaurant use by right, along with retail, office, and personal or business service uses. The property has 124 feet of frontage and is located on Highland Street near Woodland Veterans Park and Shawnee Splash Water Park. Interstate 40 is accessible via the Harrison Avenue exit. The property is also located within a confirmed federal Opportunity Zone.

Key Highlights

  • 2,000 SF freestanding restaurant building on a 10,539 SF corner lot
  • Commercial kitchen includes exhaust hood, wok range, char broiler, prep sinks, walk‑in refrigerator, and walk‑in freezer
  • C‑2 Regional Commercial zoning permits restaurant use by right

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Bakery (Bike/Boat/Book/etc) Store Catering Service Butcher Pet Grooming Service

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
Commercial hood

Location Intelligence

Trade Area within ½ mile

805
Businesses Nearby
Under-served
Demand for This Use

Demographics for 74801, OK

22,000
Population
9,749
Households
2.3
Avg Household Size
38
Median Age
22%
College-Educated
88%
High-School Grad
74.1 sq mi
ZIP Area
297
Density / Sq Mi
$53,265
Median Household Income
$33,746
Median Earnings
$868
Median Rent
$122,900
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing commercial kitchen equipment and C-2 zoning support continued food-service use.
Where is this conventional restaurant located?
The property is located at 601 East Highland Street Shawnee, OK.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2,000 SF freestanding restaurant building on a 10,539 SF corner lot; Commercial kitchen includes exhaust hood, wok range, char broiler, prep sinks, walk‑in refrigerator, and walk‑in freezer; C‑2 Regional Commercial zoning permits restaurant use by right
More about this property
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