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Restaurant with Rooftop Bar
For Sale
$2,500,000

223 S Washington Street, Stillwater, OK 74074

Restaurant, bar, and entertainment property with an outdoor event area and live entertainment capability.

Property Size3,731 SF
Price / SF$670.06
Days on Market11

Property Features for 223 S Washington Street

General Information

Standard status Active
Size 3,731 SF
Zoning T6

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $12,328

Amenities

rooftop bar
outdoor event area
concert and live entertainment capability

Building Details

Year Renovated 2018
Listing Agency: Pickens Pristine Properties
Listed By: Rachel Pickens · License #155892
Source: Exprealty
Added: Aug 21 Changed: Aug 30 Last Checked: Aug 30 at 10:54PM

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 Pickens Pristine Properties

Investment Insights

Based on property information with market context.

This operating restaurant property includes real estate across two lots at 223 and 301 S. Washington Street. The improvements total approximately 3,731 SF, with a 1,748 SF restaurant remodeled in 2018, a 1,248 SF bar building completed in 2019, and approximately 735 SF of upstairs storage. The property also includes a rooftop bar, outdoor event area, and portable stage, with facilities suited for concerts and live entertainment.

The property is located on The Strip in Stillwater, immediately south of Oklahoma State University and approximately two blocks from Boone Pickens Stadium. The site is positioned near student activity, university events, concerts, and game-day traffic. Zoned T6 – Urban Core, the offering includes the established operating business and the associated real estate.

Key Highlights

  • Approximately 3, 731 SF of improvements across two lots
  • 1,748 SF restaurant remodeled in 2018
  • 1,248 SF bar building constructed in 2019

Property Analytics

Current Use

Coney Bar Bar & Pub Coney Island Stillwater Restaurant

Suggested Use

Top Pick Building Supply Storage Facility (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Big Box & Wholesale 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

Location Intelligence

Trade Area within ½ mile

2,010
Businesses Nearby
113k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 78% Groceries 16% Shops & Services 4% Beauty & Spa 3%
McDonald's Dining
29,974 visits/mo 0.2 miles
Sprouts Farmers Market Groceries
17,594 visits/mo 0.3 miles
Fuzzy's Taco Shop Dining
10,214 visits/mo 0.1 miles
Wendy's Dining
10,135 visits/mo 0.2 miles
KFC Dining
7,920 visits/mo 0.2 miles

Demographics for 74074, OK

32,326
Population
14,328
Households
2.3
Avg Household Size
29
Median Age
51%
College-Educated
96%
High-School Grad
127.4 sq mi
ZIP Area
254
Density / Sq Mi
$50,245
Median Household Income
$26,971
Median Earnings
$965
Median Rent
$247,300
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant, bar, and entertainment property with an outdoor event area and live entertainment capability.
Where is this conventional restaurant located?
The property is located at 223 S Washington Street Stillwater, OK.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Approximately 3, 731 SF of improvements across two lots; 1,748 SF restaurant remodeled in 2018; 1,248 SF bar building constructed in 2019
More about this property
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