Established Bar and Entertainment
For Sale
$375,000
14307 Us Highway 70, Ardmore, OK 73401
Established bar and entertainment venue with expansion potential.
Property Size2,545 SF
Price / SF$147.35
Days on Market195
Property Features for 14307 Us Highway 70
General Information
Standard status
Active
Size
2,545 SF
Building Details
Year Built
1979
Listing Agency:
ADT Realty
Listed By:
Ashley Higgs · License #181523
(580) 624-0309
Source:
Cheathamrealty
Added: Mar 27
Changed: Sep 27
Last Checked: Oct 7 at 1:04PM
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 ADT Realty
Investment Insights
Based on property information with market context.
This established bar and entertainment venue is located between Ardmore and Lone Grove on Highway 70. The property features a spacious indoor setup and an even more spacious outdoor entertainment area, including an outdoor bar, a live music stage, and a covered pavilion. The sellers are currently adding a bull riding arena and balcony seating to offer more events to the public. The property offers the potential to expand a business portfolio or step into a profitable venture. The property size is 2545 square feet.
Key Highlights
- Established bar and entertainment venue with steady weekly income.
- Spacious indoor and outdoor entertainment areas, including an outdoor bar and live music stage.
- New bull riding arena and balcony seating currently being added.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,506
Cap Rate
8.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,120
$630.1K
Cap Rate 7%
$450,086
$450.1K
Cap Rate 9%
$350,067
$350.1K
Market Conditions
NOI Build-Up for 2,545 SF
Gross rent
$45.8K $18.00/SF
− Vacancy
−$3.8K −$1.49/SF
EGI
$42.0K $16.51/SF
− OpEx
−$10.5K −$4.13/SF
NOI
$31.5K $12.38/SF
Area
Carter County, OK
Vacancy
8.30%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$630,120
Cap Rate 7%
$450,086
Cap Rate 9%
$350,067
Alternative Uses
Best Use
Specialty Retail
$450.1K
$393.8K – $525.1K
NOI $31,506 @ 7.0% cap · market cap 8.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$652.7K
$571.1K – $761.5K
NOI $45,688 @ 7.0% cap · market cap 12.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 73401, OK
36,744
Population
16,349
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
88%
High-School Grad
351.5 sq mi
ZIP Area
105
Density / Sq Mi
$60,288
Median Household Income
$39,005
Median Earnings
$960
Median Rent
$174,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- 70 West Saloon — 14307 US Hwy 70, Ardmore, OK 73401
Frequently Asked Questions
What type of property is this?
Bar & Pub - Established bar and entertainment venue with expansion potential.
Where is this bar & pub located?
The property is located at 14307 Us Highway 70 Ardmore, OK.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Established bar and entertainment venue with steady weekly income.; Spacious indoor and outdoor entertainment areas, including an outdoor bar and live music stage.; New bull riding arena and balcony seating currently being added.
