2204 S Park Highway, Broken Bow, OK

$1,800,000

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3,306

Square feet

1.50

Acres

About 2204 S Park Highway

This property is situated in a popular tourist area and presents a lucrative opportunity for a turnkey restaurant business. With a seating capacity of over 100 and potential for expansion, The OAKS has been operating successfully for more than 25 years. The current owner is retiring, making this an ideal time to acquire the establishment. Housed in a spacious log cabin, the restaurant enjoys high visibility on a heavily trafficked four-lane highway, with an average daily traffic count exceeding 16,000. Renowned among both locals and tourists, The Oaks Steakhouse takes pride in its dedicated and long-serving employees, who consistently deliver exceptional service. Founded on October 27th, 1997, by L.D. "Bud" Gilbreath, a former McCurtain County sheriff, and his wife Laverne, the restaurant represents the Gilbreath family's reentry into the customer service industry after operating a grocery store. The choice of the restaurant's name is inspired by the presence of majestic oak trees surrounding the site. As one of the pioneering dining establishments in the area, The Oaks Steakhouse has garnered the appreciation and unwavering support of the community. It is worth noting that Broken Bow, where the restaurant is located, has been ranked as the top small town to live in the state of Oklahoma, fifth in the nation, and among the top 20 tourist destinations nationwide. This self-sustaining and profitable business opportunity comes with the option of partial financing. Interested parties must provide proof of their financial capabilities to purchase the property, upon which the relevant financial records will be shared.

Features of 2204 S Park Highway

MLS® # 1063730
Price $1,800,000
Bathrooms 0.00
Square Footage 3,306
Acres 1.50
Year Built 1997
Type Commercial Sale
Sub-Type Business
Status Active

Community Information

Address 2204 S Park Highway
City Broken Bow
County McCurtain
State OK
Zip Code 74728

Amenities

Parking Circular Driveway, Concrete, Driveway, Gravel
Is Waterfront No
Has Pool No

Interior

Heating Central, Electric
Cooling Central Air
Fireplace No
# of Stories 2
Stories Two

Exterior

Exterior Features Storage
Construction Log

Additional Information

Date Listed May 26th, 2023
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentTammie Duck
OfficeKeller-Williams Platinum B.B.
Contact Infodebbieelliott@kw.com

Listing Map

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