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Motel Portfolio with Restaurant
For Sale
Contact for pricing
Pending

1720 S Grand Ave, Cherokee, OK 73728

Two commercial properties combine guest lodging, restaurant improvements, highway frontage, and parking for visitors.

Property SizeContact for details
Days on Market141

Property Features for 1720 S Grand Ave

General Information

Standard status Pending
Property subtype Business for Sale, Hospitality, Retail

Additional Details

Business Included Yes
Highway Access Yes
Equipment Included Yes
Listing Agency: Kohlrus Real Estate
Listed By: Aleta Kohlrus · License #130923
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 1:06PM

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 Kohlrus Real Estate

Investment Insights

Based on property information with market context.

This commercial package includes a motel at 1720 S Grand Ave and a separate restaurant property at 1710 S Grand Ave in Cherokee. The lodging property provides guest rooms, a reception area for check-ins, operational laundry facilities, and living quarters suitable for an owner-operator or manager. The restaurant building includes a commercial kitchen with essential equipment and a layout configured for dine-in or takeout service.

Both properties benefit from frontage along Highway 64, providing exposure to travelers and local traffic. Parking is available for restaurant patrons and motel guests, supporting the combined lodging and food-service uses. The restaurant and motel are currently operating businesses, offering an established commercial configuration with two distinct income-producing components.

Key Highlights

  • Motel property at 1720 S Grand Ave with guest rooms, reception area, laundry facilities, and living quarters
  • Separate restaurant property at 1710 S Grand Ave with commercial kitchen and essential equipment
  • Highway 64 frontage in Cherokee, Oklahoma

Property Analytics

Current Use

Cherokee Inn & Steakhouse Hotel & Motel Cherokee Inn Hotel & Motel

Suggested Use

Top Pick Building Supply Real Estate Agency Dental Office Parking Lot & Garage Hair Salon Grocery & Convenience Store

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

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

60
Businesses Nearby
9k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Phillips 66 Shops & Services
5,064 visits/mo 0.1 miles
Dollar General Shops & Services
4,024 visits/mo 0.2 miles

Demographics for 73728, OK

1,840
Population
997
Households
1.8
Avg Household Size
40
Median Age
29%
College-Educated
90%
High-School Grad
221.5 sq mi
ZIP Area
8
Density / Sq Mi
$68,355
Median Household Income
$43,708
Median Earnings
$788
Median Rent
$124,700
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Cherokee Inn 1720 S Grand Ave, Cherokee, OK 73728
  • Cherokee Inn & Steakhouse 1720 S Grand Ave, Cherokee, OK 73728
  • Cherokee Inn Annex Cherokee, OK 73728
  • Random Art Bed and Bath 718 S Kansas Ave, Cherokee, OK 73728

Frequently Asked Questions

What type of property is this?
Motel - Two commercial properties combine guest lodging, restaurant improvements, highway frontage, and parking for visitors.
Where is this motel located?
The property is located at 1720 S Grand Ave Cherokee, OK.
What are key features of this property?
This property features: Motel property at 1720 S Grand Ave with guest rooms, reception area, laundry facilities, and living quarters; Separate restaurant property at 1710 S Grand Ave with commercial kitchen and essential equipment; Highway 64 frontage in Cherokee, Oklahoma
(580) 829-1056 Call to check price and availability
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