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    429 Main St Stroud, OK 74079

    For Sale
    $230,000

    Stroud, OK - Turnkey Business Opportunity

    Property size:
    3,825 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 3,825 square foot brick building is ideally located on a corner lot in Stroud, Oklahoma, directly on Historic Route 66. Currently operating as a thriving bar and grill, this turnkey business boasts a charming atmosphere with ample seating around custom wooden tables and a fully equipped kitchen. The spacious layout includes a dedicated area for a bar, a versatile loft space currently used for entertainment (featuring a pool table), and a sizable rear section perfect for office and storage needs. The sale includes all existing bar and grill contents, providing a seamless transition for a new owner. The building's prime location on a well-traveled historic route ensures high visibility and consistent foot traffic. The upper level offers significant additional space with potential for various uses, including expansion of the existing business, additional office space, or even residential conversion. This property presents a unique opportunity to acquire a well-established business with significant upside potential in a desirable location. The building's solid brick construction and ample space make it a versatile investment, suitable for a variety of commercial ventures. The existing infrastructure and equipment provide a significant advantage for a new owner looking to minimize start-up costs and maximize immediate returns. Don't miss this chance to own a piece of Route 66 history.

    Property Features for 429 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,825 SF

    Building Details

    Year Built
    1898
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ruby’s American Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Stroud
    County
    Lincoln
    State
    Oklahoma
    Longitude
    -96.6588
    Latitude
    35.74932

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    FAQs

    What type of property is this?
    Commercial real estate - Stroud, OK - Turnkey Business Opportunity
    Where is this commercial real estate located?
    The property is located at 429 Main St Stroud, OK.
    What is the asking price?
    The asking price for this property is $230,000.
    (918) 968-2575
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    429 Main St Stroud, OK 74079
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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

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    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
    429 Main St Stroud, OK 74079
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