520 1st Ave, Durant, OK 74701-4002
- Drive through restaurants
- 2,585 SF
Current Use by Public Records
- Dairy Queen / Restaurant / Take-out & Catering
- Nick’s Burger / Restaurant
Property Details for 520 1st Ave
- Year built
- 1981
- Property type
- Drive through restaurants
- APN
- A001-00-106-007-0-000-00
- APU
- A00100106007000000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 7, 2025 | $675,000 | Skvr Enterprises LLC | Nicks Burgers LLC | Deed | $475k · Nicks Burgers LLC |
| Jul 11, 2022 | $450,000 | Nicks Burgers LLC | Blackbox Holdings LLC | Warranty Deed | $315k · First United Bank & Trust Co |
| Nov 24, 2020 | — | Blackboc Holdings LLC | — | Deed · related | $330k · First United Bank & Trust Co |
| May 14, 2019 | — | Blackbox Holdings LLC | — | Deed · related | $83k · Landmark Bank |
| Feb 1, 2019 | $325,000 | Blackbox Holdings LLC | Wilder Wood Enterprises INC | Warranty Deed | $260k · Landmark Bank |
Description
This exceptional opportunity presents the chance to acquire a thriving, established restaurant in Durant, Oklahoma. Located at 520 N 1st Ave, this 2,585 square foot, single-story building sits on a 0.56-acre lot and is zoned for commercial use. Built in 1981, the property has undergone significant renovations both inside and out within the last two years, resulting in a modern and inviting atmosphere for patrons. The fully equipped kitchen boasts state-of-the-art appliances, ensuring efficient and effective food preparation. The restaurant enjoys a prime location on a major Durant thoroughfare, providing excellent visibility and ample parking. Financial performance has been consistently strong, demonstrating high profitability and a substantial gross net income. This turn-key operation offers immediate income potential and the benefit of a well-established customer base in a growing community. The asking price is $700,000, translating to $270.79 per square foot. This is a rare chance to own a successful, established business with significant upside potential. The property is ready for immediate operation, requiring no significant capital investment beyond the purchase price.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Durant
- County
- Bryan
- State
- Oklahoma
- Longitude
- -96.3744
- Latitude
- 33.9953
- CBSA code
- 20460
- CBSA name
- DURANT, OK MICROPOLITAN STATISTICAL AREA
