1511 98Th St Grove, OK 74344
- Specialty properties
- 15,302 SF
Current Use by Public Records
- Specialty properties
Property Details for 1511 98Th St
- Year built
- 1975
- Property size
- 15,302 SF
- Property type
- Specialty properties
- Property subtype
- Marinas
Description
Exceptional redevelopment opportunity at Barker's Marina, a 15,302 square foot mixed-use property situated on a sprawling 131,551 square foot lot in Grove, Oklahoma. This 100% occupied marina, built in 1975, consists of eight single-story buildings housing four updated cabins and two versatile storefront spaces. The property's prime location on Grand Lake offers breathtaking waterfront views and direct water access, presenting significant potential for increased revenue generation. The existing infrastructure provides a solid foundation for a variety of development plans, catering to the growing demand for waterfront leisure and recreation. The current configuration includes four renovated cabins and two retail spaces, ideal for restaurants or other businesses serving both residents and tourists. The substantial lot size allows for expansion, with the possibility of adding more cabins or other amenities to enhance the property's appeal and profitability. This is a unique chance to acquire a well-located, established marina with considerable upside potential in a desirable tourist destination. The property is zoned for mixed-use, retail, and special purpose, offering flexibility for future development. The asking price is $995,000. The property's address is 1511 98th St NW, Grove, OK 74344.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grove
- County
- Delaware
- State
- Oklahoma
- Longitude
- -94.8102
- Latitude
- 36.6251
