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1511 98th Street NW, Grove, OK 74344 (MLS# 25-2745)

1511 98th Street NW, Grove, OK 74344

$995,000

Property Type: Commercial Sale Square Footage: 15,302 Lot Size (sq. ft.): 131,551 Status: Active

Current Price: $995,000 List Date: 12/30/2025 Last Modified: 1/26/2026

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,

Supplements: 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.

More Information MLS# 25-2745

Property Information

Waterfront YN: Yes Footage on WF: 486 Lot Size: 131551 Lot Acres: 3.02 Realtor.com Type: Commercial Stories: 1 Source of SqFt: Courthouse Year Built Source: Other Total SqFt.: 15302 Year Built: 1975

General Information

Agency Type: Exclusive Right To Sell List Price/SqFt: 65.02 Current Price: $995,000 Status: Active Begin Date: 2025-12-30 List Price: $995,000

Location, Taxes & Legal

Country: USA Taxes: 6773 Tax Year: 2025 Schools: Grove Legal: See Documents for Legal Description 911-PropertyAddress: 1511 98th St NW, Grove, OK 74344 Directions: From Grove, 59 N toward Sailboat Bridge to 98th St. Turn right. Property is at end of road on the right.

Lot Information

Lake Access: 1

Type Business

Retail: 1 Lodging: 1 Resort: 1

Frontage Type

Lakefront: 1

Waterfront Features

Lake Front: 1

Water Body Type

Lake: 1

Documents

Survey or Plat: 1 Lead Based Paint: 1

Location Taxes Legal

House Number: 1511 Street Name: 98th Street Direction Sfx: NW Street Suffix: Street State/Province: OK Postal Code: 74344 County: Delaware Subdivision: Grove-X Land Account #: 210037217

Property Features

Lot Information: Lake Access Type Business: Retail; Lodging; Resort Frontage Type: Lakefront Waterfront Features: Lake Front Water Body Type: Lake Documents: Lead Based Paint; Survey or Plat

Documents

Legal Description ›

Familial Relationship ›

Mortgage Inspection Certificate ›

Listing Office: Keller Williams Realty Partners

Last Updated: January - 26 - 2026

Information deemed reliable but not guaranteed.