1104 Spurgeon St Altus, OK 73521
This exceptional opportunity presents the acquisition of an established restaurant in Altus, Oklahoma. Located on 1104 N Spurgeon Street, just one block from Falcon Road and Main Street, this property boasts a prime location with high visibility and convenient access. The restaurant has enjoyed four years of consistent operation, cultivating a strong brand and loyal customer base, making it a well-loved local favorite. The sale includes all kitchen equipment, furnishings, and fixtures, offering a truly turnkey operation. New owners can seamlessly continue the existing successful concept or implement their own culinary vision. The property is priced at $1,200,000 and is categorized as special purpose commercial land. With the area's ongoing development, there's significant potential for growth and expansion. This presents an ideal investment for experienced restaurateurs or entrepreneurs seeking to establish themselves in the thriving Altus dining scene. The property is ready for immediate operation, offering a unique chance to acquire a profitable and well-regarded business. Serious inquiries are encouraged.
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JD's Hideaway Bar & Grill Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.