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61991 E 315 Road, Grove, OK 74344 (MLS# 21-432)

61991 E 315 Road, Grove, OK 74344

$1,200,000
Property Type: Commercial/Indust Square Footage: 21,222 Lot Size (sq. ft.): 62,726 Status: Closed
Current Price: $1,200,000 List Date: 3/23/2022 Last Modified: 8/31/2024

Description

The Cherokee Queen Motel & Restaurant is situated on 1.44 acres. Well maintained property with year round occupancy. This 33 room motel has a furnished living quarters for owner or manager, a one bedroom rental cabin, outdoor pool and large deck for customer enjoyment. There are 5 New York loft style luxury apartments available for rent now! Property also features a turn-key restaurant w/ seating for approx 125. The 1,500 sqft kitchen is equipped with upscale stainless steel appliances, stoves, hood, cooler, grills and an outside smoker building. Restaurant can be converted into offices or a church. Great potential and investment with more room for expansion! YOU CAN GENERATE ALMOST $100,000 IN INCOME A YEAR BEFORE YOU EVEN RENT A ROOM!

More Information MLS# 21-432

General Information

Current Price: $1,200,000 Status: Closed Begin Date: 2021-03-12 Under Contract Date: 2022-04-26 Sold Date: 2022-06-30 Sold Price: $1,200,000 Agency Type: Exclusive Right To Sell

Property Information

Water Front/View: Lake View - Grand Lake Lot Size: 62,725 Lot Acres: 1.44 Realtor.com Type: Commercial Stories: 2 Total SqFt.: 21222

Location Taxes Legal

House Number: 61991 Street Direction Pfx: E Street Name: 315 Street Suffix: Road State/Province: OK Postal Code: 74344 County: Delaware Subdivision: None Account #: 210081205

Property Features

Type Business: Professional/Office; Food & Beverage; Lodging; Resort Heating Type: Wall Heaters Heating Fuel: Electric Air Conditioning: Central; Window Unit Water: City Water Sewer: City Sewer
Listing Office: Keller Williams Realty Grand Lake
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.

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