1221 Grady St Altus, OK 73521
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Established Mexican Restaurant, Great Income!
Property size:
2,948 SFProperty Features for 1221 Grady St
General Information
- Property type
- Restaurants
- Square Feet
- 2,948 SF
- Lot Size
- 20,473 SF
Listing Agency: Cummins-Setters Commercial Listing Agent: Ted Warkentin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional turnkey opportunity presents a thriving Mexican restaurant located at 1221 N Grady St, Altus, OK 73521. The property, situated on a 0.47-acre lot, boasts a spacious 2,948 square foot building currently generating a stable monthly rental income of $2,400. The asking price for this established business and real estate is $400,000, translating to a price per square foot of $135.69. This represents a strong investment potential for buyers seeking a proven, income-producing asset in a well-established location within Jackson County. The restaurant is currently operational, offering immediate cash flow and the potential for continued growth. The substantial lot size provides ample space for potential expansion or outdoor seating. This property is a rare find, combining the benefits of a successful, existing business with the security of owning the underlying real estate. The property's location in Altus, Oklahoma offers a strong local market and convenient access to major transportation routes. This is an ideal opportunity for investors seeking a stable, income-generating asset with significant upside potential. All interested parties are encouraged to conduct their own due diligence.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Chávez restaurante
Restaurant
Location Insight
- Map
- Local Demand
- City
- Altus
- County
- Jackson
- State
- Oklahoma
- Longitude
- -99.3329323
- Latitude
- 34.6512212
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FAQs
What type of property is this?
Restaurant - Established Mexican Restaurant, Great Income!
Where is this restaurant located?
The property is located at 1221 Grady St Altus, OK.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: $400,000 asking price for a 2,948 square foot retail property.; Located at 1221 N Grady St, Altus, OK 73521, on a 0.47-acre lot.; Currently operating as a Mexican restaurant generating $2,400 monthly rental income.
