711 Steele Ave, Cushing, OK 74023-2248
This exceptional commercial property in Cushing, Oklahoma, presents a unique investment opportunity. Spanning 4,016 square feet across two buildings on a 1.09-acre lot, this versatile space is ideally suited for a restaurant, bar, or event venue. The property is fully equipped for food service, boasting a walk-in refrigeration unit and a 10-foot vent hood, ready for immediate use or lease upon purchase. An expansive patio area complements the indoor/outdoor performance building, which includes pre-installed plumbing, electrical, and a bartop, perfect for hosting live events. The property's strategic location in Cushing, a town with a population of approximately 7,800, offers significant advantages. Its proximity to major highways and local hotels, including the Best Western Plus Cushing Inn & Suites (0.2 miles), The Oasis Extended Stay (0.6 miles), and the Executive Inn & Suites (1.9 miles), ensures high visibility and accessibility for both local residents and tourists. This prime location makes it an excellent choice for businesses seeking to attract a diverse clientele and capitalize on the area's traffic flow. The property's existing infrastructure and versatile design offer immediate potential for a variety of commercial uses, making it a highly attractive investment opportunity.
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The Peacock Rouxm Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.