411 Broadway St McLoud, OK 74851
This exceptional turnkey restaurant opportunity in McLoud, Oklahoma presents a rare chance to acquire a thriving business and its accompanying real estate. Located at 411 E Broadway, this Class C property boasts 2,500 square feet of net rentable space, all on one story within a single building. The restaurant, known as the McLoud Cafe, is situated in the heart of downtown McLoud and benefits from a loyal customer base. The sale includes not only the established restaurant business but also the building and surrounding land parcels. The property underwent renovations in 2018, ensuring modern amenities and functionality. The asking price is $680,000, translating to $272 per square foot. The property is zoned for retail use, and the 2,500 square feet of air rights offer potential for future expansion or development. This owner/user investment presents a unique opportunity to acquire a profitable, established business with significant upside potential in a desirable location. The property is located in Pottawatomie County, Oklahoma, with a zip code of 74851. This is a truly exceptional opportunity for a savvy investor seeking a turnkey restaurant operation with significant growth potential.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.