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    FOR SALE
    Turn key restaurants

    1108 SW Park Ave, Lawton, OK 73501

    1,686 SF 0.3 ac lot Built 2000
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US69-2330954
    Property summary
    AI-generated overview

    This exceptional commercial restaurant opportunity is located at 1108 SW Park Ave, Lawton, OK 73501, on a prominent corner lot. The property features two buildings totaling 1,632 square feet on a 0.3-acre lot, zoned C-5. The main building, approximately 1,686 square feet, is currently operating as a restaurant and includes a commercial kitchen, dining room with a large, ADA-accessible deck, two ADA-compliant restrooms, and a drive-through window. Most kitchen equipment remains with the sale. A significant feature is the 10-foot vent hood included in the sale. There is also a separate 722-square-foot storage building with separate utilities and plumbing for a bathroom. Ample paved parking is available. The property boasts a new roof and HVAC system installed in 2021. The current tenant is on a month-to-month lease, paying $1500 per month. This owner/user investment opportunity offers significant potential for a new owner. The property is being sold "as is." Parking is provided at a rate of 10 spaces per 1,000 square feet. The property was built in 2000 and is classified as Class B. This single-tenancy retail property presents a unique chance to acquire a well-established restaurant location in a high-demand area. The property's APN is 0022064.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 2000
    Total area 1,686 SF
    Lot 0.3 ac (13,048 SF)
    APN 22064
    UPID US69-2330954
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Tropic Lightning Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
    by Request
    Owner & transaction history
    CHAE SONG HOY
    CHAE SONG HOY
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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