117 S Franklin Colbert, OK 74733
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 2,160 sqft
Price per Sqft $138
Subdivision The City Of Colbert
MLS Listing ID 2628907
HOA Y/N No
Total Fin. Sqft 2160
Year Built 1946
Annual Tax Amount $474
Tax Year 2025
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Business
Property Description
One Property. Endless Potential.
Imagine creating the destination Southern Oklahoma has been waiting for.
Positioned minutes from the Texas border in the growing Texoma region, this unique commercial property offers far more than a turnkey restaurant—it offers the opportunity to build the area's next gathering place.
Currently operating as a fully equipped restaurant, the property includes the commercial kitchen equipment, furnishings, and equipment inventory, allowing a new owner to open immediately or create an entirely new concept. Inside you'll find a spacious dining room with booths and table seating, a private party room, office, and three customer restrooms.
The real opportunity lies beyond the walls.
A fenced backyard is ready to become an inviting courtyard with the potential for direct access from the restaurant. Picture a beer garden, outdoor dining, live music, food truck nights, family games, seasonal events, fire pits, or an ice cream shop where families gather after the ball games and weekends at Lake Texoma.
With virtually no nearby restaurants offering alcohol, outdoor entertainment, or live music, this location is uniquely positioned to become a destination instead of simply another place to eat.
The property includes three parcels, creating room to expand. An additional parcel features an older shop that could become a brewery, bakery, coffee shop, retail space, or be removed for additional outdoor entertainment. A single-wide mobile home offers potential as employee housing, rental income, office space, or could be removed for future development.
Whether your vision is a brewery, beer garden, bakery, coffee house, event venue, family entertainment destination, food hall, ice cream shop, or market, this property provides the flexibility to make it happen.
This isn't just a restaurant. It's your opportunity to create the destination Southern Oklahoma has been waiting for.
Location
State OK
County Bryan
Body of Water Texoma Lake
Interior
Interior Features Ceiling Fan(s)
Heating Central, Electric
Cooling Central Air, Ductless
Flooring Vinyl
Fireplace No
Appliance Electric Water Heater
Heat Source Central, Electric
Exterior
Exterior Feature Storage
Parking Features Parking Space(s)
Fence Full, Other, Privacy
Utilities Available Electricity Available, Natural Gas Available, Water Available
Waterfront Description Other
Water Access Desc Public
Roof Type Metal
Building
Building Description Other, Public Restrooms
Foundation Slab
Lot Size Range 0.41
Sewer Public Sewer
Water Public
Structure Type Other
Schools
School District Colbert -Sch Dist (J9)
Others
Tax ID N001-00-030-017-0-000-00
Acceptable Financing Conventional
Listing Terms Conventional
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