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Established Restaurant on Sheridan Road
For Sale
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303 SW Sheridan Rd, Lawton, OK 73505

Successful Chinese restaurant for sale in Lawton, Oklahoma.

Property Size3,220 SF
Lot Size0.77 Acres
Price / SF$108.70
Days on Market787

Property Features for 303 SW Sheridan Rd

General Information

Standard status Active
Size 3,220 SF
Class C
Lot size 0.77 Acres
Property subtype Retail
Zoning C-5
Lease Type Modified Gross

Building Details

Year Built 1966
Year Renovated 2023
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Cummins-Setters Commercial Partners
Listed By: Charles Webber · License #OK 149530
Source: Crexi
Added: Aug 21, 2024 Changed: Oct 10 Last Checked: Oct 16 at 6:14AM

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 Cummins-Setters Commercial Partners

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Investment Insights

Based on property information with market context.

This established Chinese restaurant, operating for over 20 years, is available for purchase. Located on SW Sheridan Road in Lawton, Oklahoma, the property is situated on 0.77 acres and includes a 3,220 square foot building. The interior was fully remodeled within the last year. The restaurant features an operational drive-thru. The sale encompasses the real estate and all Fixtures, Furniture, and Equipment (FFE). The current business owner is selling due to personal health reasons. The property owners, who are licensed Oklahoma Real Estate Agents, will consider carrying the loan with a 25% down payment and negotiable terms.

Key Highlights

  • Includes real estate, all Fixtures, Furniture, and Equipment (FFE).
  • Established and successful Chinese restaurant with 20+ years of operation.
  • Fully remodeled interior within the last year.

Property Analytics

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Current Use

China Express Restaurant

Suggested Use

Top Pick Law Firm HVAC Service (Bike/Boat/Book/etc) Store Veterinary Clinic Locksmith 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.

Location Intelligence

Trade Area within ½ mile

871
Businesses Nearby
233k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 46% Dining 37% Apparel 14% Home Improvements & Furnishings 2%
Hobby Lobby Shops & Services
40,133 visits/mo 0.4 miles
Ross Dress for Less Apparel
31,853 visits/mo 0.4 miles
McDonald's Dining
26,249 visits/mo 0.2 miles
Braum's Ice Cream & Dairy Stores Dining
24,198 visits/mo 0.3 miles
Murphy USA Shops & Services
19,818 visits/mo 0.2 miles

Demographics for 73505, OK

46,881
Population
22,124
Households
2.1
Avg Household Size
36
Median Age
25%
College-Educated
90%
High-School Grad
64.6 sq mi
ZIP Area
726
Density / Sq Mi
$57,496
Median Household Income
$33,601
Median Earnings
$915
Median Rent
$147,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Successful Chinese restaurant for sale in Lawton, Oklahoma.
Where is this conventional restaurant located?
The property is located at 303 SW Sheridan Rd Lawton, 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: Includes real estate, all Fixtures, Furniture, and Equipment (FFE).; Established and successful Chinese restaurant with 20+ years of operation.; Fully remodeled interior within the last year.
(800) 294-8118 Call to check price and availability
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