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Turnkey Restaurant with Highway Frontage
For Sale
$350,000

421 W Russworm Dr, Watonga, OK 73772

COMMERCIAL - Watonga, OK

Property Size1,878 SF
Lot Size0.30 Acres
Price / SF$186.37
Days on Market95

Property Features for 421 W Russworm Dr

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Watonga
Standard status Active
Size 1,878 SF
Lot size 0.30 Acres

Taxes and HOA fees

Tax Annual Amount 1924

Utilities

Heating system Natural Gas, Central
Cooling system Electric, Central Air

Building Details

Year built 1975
Floors in Building 1
Flooring type Other/explain in remarks, Concrete
Roof type Flat, Other
Listing Agency: Stewart Real Estate LLC
Listed By: Andrea Lauminick · License #158816
Added: May 3 Changed: Aug 4 Last Checked: Aug 5 at 4:06PM
MLS# 20260551

Copyright © 2026 Northwest Oklahoma Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey restaurant property, closed approximately two years ago, presents a prime commercial opportunity. The original building encompasses 1,248 square feet, complemented by a 630 square foot dining expansion completed in 2021, providing ample space for guests and operations. The exterior was upgraded approximately five years ago with durable metal siding and a commercial-grade vinyl roof. The property includes a full lineup of commercial restaurant equipment, including dining tables, chairs, booths, a chest freezer, a vent hood, a gas stove, a grill, fryers, and walk-in freezers. All equipment was operational at the time of closure. Additional features include a private office space and a convenient drive-up window. Strategically located with high-visibility highway frontage, this property offers excellent exposure and accessibility for customers. The property sits on a 0.3 acre lot. This property is ideal for a quick reopening or conversion to your concept.

Key Highlights

  • Fully equipped restaurant property includes commercial dining tables, chairs, booths, chest freezer, vent hood, gas stove, grill, fryers, and walk‑in freezers
  • Original building offers 1,248 SF plus a 630 SF dining expansion completed in 2021
  • Commercial‑grade exterior updates include metal siding (approx. 5 years ago) and a commercial‑grade vinyl roof

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Parking Lot & Garage Spa & Massage Center Electrical Service

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
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

370
Businesses Nearby
Balanced
Demand for This Use

Demographics for 73772, OK

3,574
Population
1,586
Households
2.3
Avg Household Size
40
Median Age
12%
College-Educated
83%
High-School Grad
240.9 sq mi
ZIP Area
15
Density / Sq Mi
$55,125
Median Household Income
$29,853
Median Earnings
$821
Median Rent
$138,100
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant ready for your next business venture.
Where is this conventional restaurant located?
The property is located at 421 W Russworm Dr Watonga, OK.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Fully equipped restaurant property includes commercial dining tables, chairs, booths, chest freezer, vent hood, gas stove, grill, fryers, and walk‑in freezers; Original building offers 1,248 SF plus a 630 SF dining expansion completed in 2021; Commercial‑grade exterior updates include metal siding (approx. 5 years ago) and a commercial‑grade vinyl roof
More about this property
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