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111 W Ketchum Avenue Ketchum, OK 74349

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Turnkey restaurant with loyal clientele and prime Grand Lake location.

Type:Business for Sale
Property size:
2,417 SF
Added:
Mar 7, 2026
Days on Market:
43
Last Refresh:
Mar 16 at 3:19 pm

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

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Listing Contact
Shana Haley

Listing agent Shana Haley License #207627

Listing office McGraw, REALTORS

Listing date Mar 7, 2026

Source Crexi

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


Overview

Established Steakhouse Near Grand Lake

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.
Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

Restaurant Spa & Massage Center Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Ketchum
County
Mayes
State
Oklahoma
Longitude
-95.0256
Latitude
36.5248

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 $775,000.
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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