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Restaurant Building with Commercial Kitchen

217 E Cherokee Avenue, McAlester, OK 74501

For Sale
$179,900

Kitchen improvements include a commercial vent hood, flat top, and a separate room with an industrial sink and dry storage.

Property Size1,400 SF
Price / SF$128.50
Days on Market61

Property Features for 217 E Cherokee Avenue

General Information

Standard status Active
Size 1,400 SF
Property subtype Business

Additional Details

Commercial Hood Yes

Amenities

commercial-grade vent hood
commercial flat top
industrial sink
updated restrooms
modern lighting
half-tin walls
additional storage buildings
private side parking lot
front street parking

Building Details

Year Built 2005
Buildings 3
Listing Agency: McAlester Real Estate
Listed By: Cheyanne Ellis · License OK #175658
Source: Spiritrealtygroup
Added: Sep 14 Changed: Nov 13 Last Checked: Nov 13 at 11:04AM

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 McAlester Real Estate

Rey
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Investment Insights

Based on property information with market context.

The remodeled restaurant property has a large dining area with a bar-height seating divider, updated public restrooms, and a commercial kitchen equipped with a vent hood and flat top. A separate room off the kitchen provides an industrial sink and dry-storage space. Two additional storage buildings are on the property, along with a private side parking area and street parking in front. The building was constructed in 2005.

Located in downtown McAlester between Choctaw Avenue, Main Street, and E Wyandotte Avenue, the property has a prior restaurant use and a layout described as suitable for retail or other commercial uses.

Key Highlights

  • Commercial kitchen includes a vent hood and flat top
  • Large dining area with bar‑height seating divider
  • Two updated public restrooms

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

RANGLER BBQ Restaurant Pho Saigon Restaurant

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Storage Facility (Bike/Boat/Book/etc) Store Locksmith Acupuncture

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
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,096
Businesses Nearby
39k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 87% Dining 10% Home Improvements & Furnishings 3%
Phillips 66 Shops & Services
9,259 visits/mo 0.4 miles
Arvest Bank Shops & Services
6,604 visits/mo 0.1 miles
Family Dollar Shops & Services
5,532 visits/mo 0.3 miles
BancFirst Shops & Services
5,084 visits/mo 0.3 miles
O'Reilly Auto Parts Shops & Services
4,468 visits/mo 0.3 miles

Demographics for 74501, OK

28,566
Population
13,223
Households
2.2
Avg Household Size
40
Median Age
21%
College-Educated
87%
High-School Grad
550.7 sq mi
ZIP Area
52
Density / Sq Mi
$55,430
Median Household Income
$38,814
Median Earnings
$907
Median Rent
$156,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Kitchen improvements include a commercial vent hood, flat top, and a separate room with an industrial sink and dry storage.
Where is this conventional restaurant located?
The property is located at 217 E Cherokee Avenue McAlester, OK.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Commercial kitchen includes a vent hood and flat top; Large dining area with bar‑height seating divider; Two updated public restrooms
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