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111 E Ketchum Avenue, Ketchum, OK 74349 (MLS# 26-430)

111 E Ketchum Avenue, Ketchum, OK 74349

New Listing
$775,000
Property Type: Commercial Sale Square Footage: 2,417 Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $775,000 List Date: 2/27/2026 Last Modified: 2/27/2026

Description

Located in Ketchum, Oklahoma, just minutes from the shoreline of Grand Lake o' the Cherokees, The Lighthouse Restaurant & Supper Club is one of Grand Lake's most recognized and established upscale steakhouses. With more than 30 years in business, this is not a startup concept -- it is a proven destination with history, reputation, and loyal clientele. Known for quality steaks, elevated dinner service, a full-service bar, and an inviting supper club atmosphere, The Lighthouse has been a go-to gathering place for lake homeowners, weekend visitors, and local patrons for decades. From summer lake season to holiday dinners and special celebrations, this restaurant has built real staying power in the community.

Supplements: The building offers seating for approximately 150 guests, providing flexibility for dining, private events, rehearsal dinners, and entertainment nights. The spacious layout supports both intimate dining and larger group experiences. The full bar adds an additional revenue stream and enhances the overall guest experience. The property is fully equipped and truly turnkey. All kitchen equipment, tables, chairs, barware, furnishings, and operational essentials are included, allowing a new owner to continue operations seamlessly. The exterior has been freshly painted, the HVAC system is approximately 7-8 years old, and two additional mini-split units have been installed on each end of the building for added comfort and efficiency. Positioned along the main thoroughfare around Grand Lake, the restaurant benefits from strong visibility and consistent traffic flow year-round. Cherished recipes and long-standing menu favorites will convey with the sale, preserving the brand's legacy while leaving room for the next owner's vision. This is a rare opportunity to own a 30-year-established Grand Lake steakhouse with history, name recognition, and prime location -- ready for its next chapter.

More Information MLS# 26-430

Property Information

Waterfront YN: No Lot Size: 14995 Lot Acres: 0.34 Realtor.com Type: Commercial Stories: 1 Source of SqFt: Courthouse Year Built Source: Public Records Total SqFt.: 2417 Year Built: 1973

General Information

Agency Type: Exclusive Right To Sell List Price/SqFt: 320.65 Current Price: $775,000 Status: Active Begin Date: 2026-02-26 List Price: $775,000

Location, Taxes & Legal

Country: USA Zoning: Commercial Taxes: 1690 Tax Year: 2025 Schools: Ketchum Legal: LAKESIDE ADD TO GRAND RIVER CITY BLK 3 LOTS 19-24 675/361 911-PropertyAddress: Same as listing Directions: Hwy 85 Main Road, Ketchum on the South side of the road

Type Business

Food & Beverage: 1

Location Taxes Legal

House Number: 111 Street Direction Pfx: E Street Name: Ketchum Street Suffix: Avenue State/Province: OK Postal Code: 74349 County: Craig Subdivision: Lakeside Add Account #: 4015-00-003-019-0-001-0

Property Features

Type Business: Food & Beverage
Listing Office: McGraw Realtors - Edmond
Last Updated: February - 27 - 2026
Information deemed reliable but not guaranteed.

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