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Listed price in listed location currency (USD).
$945,000

000

MLS® 25-2745

  • Key Facts
  • Description
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Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $6,773
Days Active 69
Lot Size 
Approx. Age 1975
MLS® Number 25-2745

Property Address: 1511 98th St Nw, Grove, OK, 74344-4606

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

Description

Rare opportunity to acquire a 3 m/l acre, 486' waterfront property on Wolf Creek at Grand Lake with an established footprint and direct access from a high-traffic highway corridor averaging 15, 000 vehicles per day. This offering presents a compelling redevelopment and value-add opportunity in a supply-constrained waterfront market. The property benefits from excellent visibility and accessibility making it well suited for a waterfront restaurant, marina repositioning, RV park, tiny cabin retreat, or mixed-use destination concept. Existing structures offer flexibility for interim use or phased redevelopment. Wolf Creek is a proven recreational draw, recording approximately 150, 000 visits in 2024. In 2025, the creek hosted 39 organized fishing tournaments with 5, 811 boats launched, equating to more than 11, 600 anglers, not including families and spectators. This consistent tournament activity drives strong demand for food and beverage, lodging, marina services, and event-oriented amenities. The City of Grove is supportive of new business development and has expressed a willingness to engage in discussions with a prospective buyer regarding potential incentive and rebate options, subject to review and approval. Grove's pro-growth posture and interest in attracting destination-oriented projects further enhance the appeal of this opportunity. In addition, the City of Grove is currently developing a new Civic Center, which is expected to further stimulate investment activity and community growth in the area. Waterfront frontage on Wolf Creek is finite and increasingly difficult to replicate. The combination of significant shoreline frontage, high daily traffic counts, established marina precedent, municipal support for development, and consistent tourism demand positions this property as a rare opportunity for investors and developers seeking a destination-driven waterfront project. Buyer to verify zoning, entitlements, permitted uses, and development potential. The seller is a licensed agent in the state of Oklahoma.
MLS® Number25-2745
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1975
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 18, 2026List Date
$945,000List Price
  • Commute

Commute

Starting Address
Destination Address
1511 98Th St Nw, Grove, OK

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