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    123 Broadway St Checotah, OK 74426

    Sponsored
    For Sale
    $550,000

    Established eatery, prime location, high traffic.

    Property size:
    4,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional opportunity presents the chance to acquire a thriving restaurant steeped in history, located at 123 S Broadway Street in the charming town of Checotah, Oklahoma. This beautifully restored 1901 building, boasting 4,200 square feet on a 0.08-acre lot, has served the community for over 57 years, establishing a loyal customer base. Its strategic location captures significant traffic from Lake Eufaula, as well as I-40 and Highway 69 travelers, ensuring consistent customer flow. The restaurant features a spacious dining area with additional second-level seating perfect for overflow or private events. The commercial kitchen is equipped with updated and well-maintained equipment, ready for immediate operation. Ample street parking is available for patrons in the downtown area, close to antique and boutique shops, adding to the convenience and appeal. The property is conveniently located just 20 minutes from Muskogee, offering easy access to a larger population base. The opportunity to acquire the established restaurant's proprietary recipes and name, known as "June's," is available for an additional purchase price, providing a seamless transition and immediate brand recognition. This is a rare chance to own a piece of Checotah's rich history and a profitable, established business. The asking price for this turnkey operation is $550,000.

    Property Features for 123 Broadway St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,200 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1901
    Property Profile Location Intelligence

    Current Use by Public Records

    June's American Restaurant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Checotah
    County
    McIntosh
    State
    Oklahoma
    Longitude
    -95.52353
    Latitude
    35.4696

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    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 123 Broadway St Checotah, OK.
    What is the asking price?
    The asking price for this property is $550,000.
    (405) 751-4848
    Request Owner's contact information
    123 Broadway St Checotah, OK 74426
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    Checotah, OK 74426
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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
    123 Broadway St Checotah, OK 74426
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