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Remodeled Restaurant Property
For Sale
$299,000

116 S Main St, Luther, OK 73054

Updated commercial space with restaurant infrastructure and upstairs offices.

Property Size4,964 SF
Price / SF$60.23
Days on Market41

Property Features for 116 S Main St

General Information

Standard status Active
Size 4,964 SF

Additional Details

Utilities to Site Yes

Building Details

Year Built 1900
Listing Agency: Keller Williams Central OK ED
Listed By: Kevin McCaleb · License #60066
Source: Alloverok
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 28 at 12:46PM

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 Keller Williams Central OK ED

Investment Insights

Based on property information with market context.

Located at 116 S Main St in Luther, OK 73054, this 4,964-square-foot commercial property was built in 1900 and has undergone a comprehensive remodel. Recent improvements include electrical, heating, plumbing, roofing, sheetrock, doors, and trim, with restaurant-related plumbing and electrical connections remaining in place.

The layout combines restaurant and office functionality. The restaurant area includes two restrooms, while the office portion has two additional restrooms. Three offices are positioned on the upper level, providing a defined workspace component within the building.

Key Highlights

  • 4,964 SF commercial property at 116 S Main St, Luther, OK 73054
  • Comprehensive remodeling includes electrical, heating, plumbing, roof, sheetrock, doors, and trim
  • Restaurant plumbing and electrical hookups remain in place

Property Analytics

Current Use

Revitalize Life Counseling ... Counselor Farmstead Cafe Restaurant

Suggested Use

Top Pick Building Supply Plumbing Service Storage Facility (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Cafe & Coffee Shop

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

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

104
Businesses Nearby
Well-served
Demand for This Use

Demographics for 73054, OK

4,636
Population
1,956
Households
2.4
Avg Household Size
40
Median Age
26%
College-Educated
91%
High-School Grad
89.8 sq mi
ZIP Area
52
Density / Sq Mi
$57,292
Median Household Income
$36,220
Median Earnings
$788
Median Rent
$206,900
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Updated commercial space with restaurant infrastructure and upstairs offices.
Where is this conventional restaurant located?
The property is located at 116 S Main St Luther, 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: 4,964 SF commercial property at 116 S Main St, Luther, OK 73054; Comprehensive remodeling includes electrical, heating, plumbing, roof, sheetrock, doors, and trim; Restaurant plumbing and electrical hookups remain in place
More about this property
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