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Established Steakhouse Near Grand Lake

111 W Ketchum Avenue Ketchum, OK 74349

111 W Ketchum Avenue, Ketchum, OK, 74349
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For Sale
Contact for pricing

Turnkey restaurant with loyal clientele and prime Grand Lake location.

Property Size2,417 SF
Price / SF$318.58
Days on Market134

Property Features for 111 W Ketchum Avenue

General Information

Standard status
Active
Size
2,417 SF
Property subtype
Business for Sale

Building Details

Year Built
1973
Listing Agency McGraw, REALTORS
Listed by Shana Haley · License #207627
Source Crexi
Added: Mar 7 Checked: Jul 19 at 6:07 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of McGraw, REALTORS


Investment Insights

Based on property information with market context.

The Lighthouse Restaurant & Supper Club, located in Ketchum, Oklahoma, is an established upscale steakhouse near Grand Lake o’ the Cherokees. In business for over 30 years, this restaurant has a history, reputation, and loyal clientele. Known for quality steaks, elevated dinner service, a full-service bar, and an inviting supper club atmosphere, it has been a gathering place for lake homeowners, weekend visitors, and local patrons. The building, with a size of 2417 square feet, offers seating for approximately 150 guests, providing flexibility for dining, private events, rehearsal dinners, and entertainment nights. The full bar enhances the overall guest experience. The property is fully equipped and turnkey, including all kitchen equipment, tables, chairs, barware, furnishings, and operational essentials. The exterior has been freshly painted, and the HVAC system is approximately 7–8 years old. Two additional mini-split units have been installed on each end of the building. Positioned along the main thoroughfare around Grand Lake, the restaurant benefits from strong visibility and consistent traffic flow year-round. Cherished recipes and long-standing menu favorites will convey with the sale. The Lighthouse Restaurant is ready for its next chapter.

Key Highlights

  • Established Reputation: Benefit from a 30+ year history as a recognized upscale steakhouse with a loyal clientele on Grand Lake.
  • Turnkey Operation: Fully equipped with all kitchen equipment, furnishings, and operational essentials included for seamless transition.
  • Prime Location: High visibility on the main thoroughfare around Grand Lake, ensuring consistent traffic flow.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

HVAC Service Plumbing Service Auto Repair Shop Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Tanning Salon Building Supply Hair Salon

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

FAQs

What type of property is this?
Conventional restaurant - Turnkey restaurant with loyal clientele and prime Grand Lake location.
Where is this conventional restaurant located?
The property is located at 111 W Ketchum Avenue Ketchum, OK.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: Established Reputation: Benefit from a 30+ year history as a recognized upscale steakhouse with a loyal clientele on Grand Lake.; Turnkey Operation: Fully equipped with all kitchen equipment, furnishings, and operational essentials included for seamless transition.; Prime Location: High visibility on the main thoroughfare around Grand Lake, ensuring consistent traffic flow.
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