4 S Commerce Street , Ardmore, OK 73401

$750,000
  • 4 S Commerce Street , Ardmore, OK 73401 Main Photo
New to the Market Active
SQUARE FEET2,436 MLS#2632647
STATUSActive PROPERTY TYPECommercial - Business SCHOOLArdmore - Sch Dist
SUBMIT AN OFFER

Property Description

TURNKEY BUSINESS + REAL ESTATE OPPORTUNITY! Rare opportunity to acquire a well-established Italian restaurant together with the real estate at 4 S. Commerce St. in Ardmore, Oklahoma. Operating successfully for approximately 12 years, this restaurant has built a loyal customer base and a strong reputation for quality food and a welcoming atmosphere. The 2,436 SF restaurant sits on approximately 0.28 acres and was originally built in 1972. The property offers a comfortable dining environment with seating for approximately 40-60 guests, along with a fully equipped commercial kitchen and the furnishings, fixtures, and equipment needed for a turnkey transition. The business is currently supported by a 7-person staff, with the owner maintaining a semi-absentee role and primarily providing oversight rather than working in the day-to-day operation. The current owner is offering the property and business for sale due to retirement, creating an opportunity for a new owner to step into an established operation. Based on seller-provided and annualized operating figures, the business generates approximately $458,000 in annual revenue, with preliminary operating income of approximately $225,000 before certain expenses that remain to be verified. This provides an attractive foundation for an owner-operator or investor looking for an established business with real estate included. The $750,000 asking price includes both the operating business and the real estate, providing an opportunity to acquire an established restaurant and the underlying property in one transaction. With its established operating history, loyal clientele, turnkey setup, existing staff, and potential opportunities for catering, delivery, private events, expanded hours, or other revenue streams, this offering provides both an established foundation and room for future growth.

4 S Commerce Street | MLS# 2632647

This commercial property located at 4 S Commerce Street , Ardmore, OK 73401 is currently listed for sale with an asking price of $750,000. S Commerce Street is located within the Ardmore - Sch Dist school district. Search Ardmore real estate on quang.solidrockrealtors.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Heating: Central, Gas
Lot Size: 0.28 Acres
Roof Type: Metal
Taxes: $2,308
Year Built: 1972

Amenities

Other
See Remarks

Feature Descriptions

Building Features: Door Sign, Pole Sign
Days on Site: 1
Exterior: Frame
Fencing: None
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available
Water: Public, Well

Local Schools

School District: Ardmore - Sch Dist

Listed By / Shown By

Listed By

Agency Name: Riley & CO Real Estate Group

Shown By

Agent Name: Quang Nguyen
Agent Phone:
Agency Title: Solid Rock Realtors

IDX logo

Login to My Homefinder