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Conventional Restaurant with Party Room
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For Sale
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117 S Franklin, Colbert, OK 74733

Includes a commercial kitchen, furnishings, and multiple functional areas for food service operations.

Property Size2,160 SF
Price / SF$138.43
Days on Market6

Property Features for 117 S Franklin

General Information

Standard status Active
Size 2,160 SF
Property subtype Business for Sale, Mixed Use, Retail

Additional Details

Furnished Yes
Equipment Included Yes

Building Details

Year Built 1946
Listing Agency: Homes By Lainie Real Estate Group
Listed By: Michelle McCullough · License #OK 204504
Source: Crexi
Added: Aug 6 Changed: Aug 11 Last Checked: Aug 11 at 6:51AM

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 Homes By Lainie Real Estate Group

Investment Insights

Based on property information with market context.

This 2,160-square-foot restaurant property, built in 1946, is configured for ongoing food service use. The interior includes a dining area with booth and table seating, a private party room, an office, and three customer restrooms. Commercial kitchen equipment, furnishings, and equipment inventory are included with the property.

The site comprises three parcels and includes a fenced backyard, an older shop on an additional parcel, and a single-wide mobile home. These supporting improvements provide additional physical components beyond the primary restaurant building. Located at 117 S Franklin in Colbert, Oklahoma, the property offers an established restaurant layout with several ancillary structures and outdoor areas.

Key Highlights

  • 2,160‑square‑foot restaurant building constructed in 1946
  • Commercial kitchen equipment, furnishings, and equipment inventory included
  • Dining area with booths and table seating plus private party room

Property Analytics

Current Use

The Farmstead Restaurant

Suggested Use

Top Pick Building Supply HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Real Estate Agency Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

103
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Valero Energy Shops & Services
3,330 visits/mo 0.4 miles
Valero Energy Shops & Services
2,345 visits/mo 0.5 miles

Demographics for 74733, OK

2,719
Population
1,310
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
84%
High-School Grad
52.3 sq mi
ZIP Area
52
Density / Sq Mi
$57,370
Median Household Income
$36,833
Median Earnings
$898
Median Rent
$122,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a commercial kitchen, furnishings, and multiple functional areas for food service operations.
Where is this conventional restaurant located?
The property is located at 117 S Franklin Colbert, OK.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,160‑square‑foot restaurant building constructed in 1946; Commercial kitchen equipment, furnishings, and equipment inventory included; Dining area with booths and table seating plus private party room
(903) 786-6063 Call to check price and availability
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