520 1st Ave Durant, OK 74701-4002

Property Details for 520 1st Ave

Year built

1981

Property size

2,585 SF

Property type

Drive through restaurants

APN

A001-00-106-007-0-000-00

APU

A00100106007000000

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.

Location Insight

City

Durant

County

Bryan

State

Oklahoma

Longitude

-96.3744

Latitude

33.9953

CBSA code

20460

CBSA name

DURANT, OK MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments