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    1220 N Washington St Ardmore, OK 73401

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    For Sale
    $698,000

    Operating drive-in restaurant with equipment, inventory, and potential owner assistance.

    Property size:
    864 SF
    Lot size:
    0.46 Acres

    Property Features for 1220 N Washington St

    General Information

    Size
    864 SF
    Lot size
    0.46 Acres

    Source: Harold Julian Agent Harold Julian

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant with Drive-Thru

    This is a thriving drive-in restaurant, currently operating with both breakfast and lunch menus. The business is open Monday through Friday from 7 am to 3 pm. The sale includes all equipment, such as a walk-in freezer located outside, and a separate storage building. All existing inventory is also included in the sale. The current owner is willing to assist the buyer in running the business for up to one month after closing, if desired. Financial information, including profit and loss statements and owner books, is available to potential buyers upon request. The property has been inactive for 42 years. The property size is 864 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Burgers and Fries Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Ardmore
    County
    Carter
    State
    Oklahoma
    Longitude
    -97.12351
    Latitude
    34.18485

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    FAQs

    What type of property is this?
    Drive through restaurant - Operating drive-in restaurant with equipment, inventory, and potential owner assistance.
    Where is this drive through restaurant located?
    The property is located at 1220 N Washington St Ardmore, OK.
    What is the asking price?
    The asking price for this property is $698,000.
    What are key features of this property?
    This property features: - Thriving drive-in restaurant with existing breakfast and lunch menus.; - All equipment included, featuring a walk-in freezer and storage building.; - Existing inventory included.
    (580) 504-0196
    Request Owner's contact information
    1220 N Washington St Ardmore, OK 73401
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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

    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
    1220 N Washington St Ardmore, OK 73401
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