429 W Main St Stroud, OK 74079
For Sale
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This exceptional 3,825 square foot brick building is ideally located on a corner lot in Stroud, Oklahoma, directly on Historic Route 66. Currently operating as a thriving bar and grill, this turnkey business boasts a charming atmosphere with ample seating around custom wooden tables and a fully equipped kitchen. The spacious layout includes a dedicated area for a bar, a versatile loft space currently used for entertainment (featuring a pool table), and a sizable rear section perfect for office and storage needs. The sale includes all existing bar and grill contents, providing a seamless transition for a new owner. The building's prime location on a well-traveled historic route ensures high visibility and consistent foot traffic. The upper level offers significant additional space with potential for various uses, including expansion of the existing business, additional office space, or even residential conversion. This property presents a unique opportunity to acquire a well-established business with significant upside potential in a desirable location. The building's solid brick construction and ample space make it a versatile investment, suitable for a variety of commercial ventures. The existing infrastructure and equipment provide a significant advantage for a new owner looking to minimize start-up costs and maximize immediate returns. Don't miss this chance to own a piece of Route 66 history.
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Ruby’s Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.