Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1104 Spurgeon St Altus, OK 73521

    Sponsored
    For Sale
    $1,200,000

    Established eatery, prime location, high traffic.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional opportunity presents the chance to acquire a well-established restaurant in Altus, Oklahoma. Located just one block from Falcon Road and Main Street, this business enjoys a highly visible and convenient location within a high-traffic area. Boasting four years of consistent operation, the restaurant has cultivated a strong brand and loyal customer base, ensuring a smooth transition for a new owner. The sale includes all necessary kitchen equipment, furnishings, and fixtures, making this a truly turnkey operation. The current menu and fun atmosphere have proven popular with locals, providing a solid foundation for continued success. However, the property also offers significant growth potential, allowing for expansion on the existing business model or the implementation of a new culinary concept. The 0.12-acre lot provides ample space for the existing restaurant and potential future development. This is an ideal investment for experienced restaurateurs or entrepreneurs seeking to establish themselves in the thriving Altus dining scene. Serious inquiries only.

    Property Features for 1104 Spurgeon St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1970
    Property Profile Location Intelligence

    Current Use by Public Records

    JD's Hideaway Bar ... American Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Altus
    County
    Jackson
    State
    Oklahoma
    Longitude
    -99.33106
    Latitude
    34.64907

    Nearby Similar for Sale

    • $1,250,000
      7,540 SF

      Altus Automotive and Retail Investment

      Established automotive and retail property with significant inventory and real estate.
      1420 W Broadway St, Altus, OK 73521
      View Details
    • $349,000
      3,780 SF

      Versatile Business Complex on Broadway

      Multi-storefront commercial complex in Altus, Oklahoma's business district.
      2300 E Broadway St, Altus, OK 73521
      View Details
    • $225,000
      2,940 SF

      Altus Restaurant or Retail Opportunity

      Versatile commercial property suitable for restaurant, retail, or office use.
      114 E Cypress St, Altus, OK 73521
      View Details
    • $1,713,315
      4,854 SF

      Applebee's NNN Investment Opportunity

      NNN leased Applebee's with annual rent increases in Altus, OK.
      3501 N Main St, Altus, OK 73521
      View Details
    • $225,000
      5,044 SF

      Garage and Warehouse on Falcon

      Garage and warehouse with two spaces for sale on Falcon.
      921 Falcon Rd, Altus, OK 73521
      View Details
    • $5,000,000
      121,124 SF

      85,453 SF Retail Center

      Retail center anchored by Dunham's Sports on 8.36 acres.
      1100-1121 N Main St, Altus, OK 73521
      View Details
    • $349,000
      3,780 SF

      Altus Multi-Storefront Complex

      Three storefronts, prime Broadway location.
      2300 Broadway St, Altus, OK 73521
      View Details
    • $319,000
      2,415 SF

      Altus Office Building - Great Location

      Remodeled Office Building with Ample Parking
      1904 Broadway St, Altus, OK 73521
      View Details
    • $922,000
      4.96 Acres

      Altus Hwy 283 Commercial Land

      Prime Altus location, high visibility, development potential.
      3306 Main St, Altus, OK 73521
      View Details
    • $115,000
      4.88 Acres

      Altus Commercial Land - Huge Potential

      Prime Altus location, 4.88 acres, month-to-month lease.
      2115 Broadway St, Altus, OK 73521
      View Details
    • $350,000
      9,900 SF

      Altus Commercial Building - Huge Potential

      Historic building, gun range, ample space.
      113 Main St, Altus, OK 73521
      View Details
    • $1,250,000
      7,540 SF

      Altus Commercial Property: Prime Investment

      Established business, extensive inventory, 2.35 acres.
      1420 Broadway St, Altus, OK 73521
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Established eatery, prime location, high traffic.
    Where is this commercial real estate located?
    The property is located at 1104 Spurgeon St Altus, OK.
    What is the asking price?
    The asking price for this property is $1,200,000.
    (580) 482-0621
    Request Owner's contact information
    1104 Spurgeon St Altus, OK 73521
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1104 Spurgeon St
    Altus, OK 73521
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1104 Spurgeon St Altus, OK 73521
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.