USAOKColbertThe City of Colbert117 S Franklin St

New

Virtual Tour

$299,000

For Sale

5 days ago

117 S Franklin St, Colbert, OK

House

MLS® 2628907

0 Bed

0 Bath

2160 sqft

Key Facts
Description
Map

Key Facts

Type Business

Levels Commercial Sale

Size 2160 sqft

Garage

Taxes $474

Days Active 6

Lot Size 0.41 Acres

Approx. Age 1946

Avg. Price Per Sqft $138

MLS® Number 2628907

Property Address: 117 S Franklin St, Colbert, OK, 74733-2016

Average square foot calculated using Size range provided by listing agent.

Description

The Possibilities Are Endless 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.

MLS® Number2628907

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1946

Basement

DrivewayParking Spaces

Garage Spaces

HeatCentral, Electric

A/CCentral Air, Ductless

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 6, 2026List Date

$299,000List Price

Commute

Commute

Starting Address

Destination Address

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