$299,000
( $138.43Per Sq Foot )
 $1,793 est/mo Sourced by Back At You

117 S Franklin,Colbert, OK 74733

Colbert, OK 74733

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Description

The Possibilities Are Endless One Property. Endless Potential. Imagine creating the destination Southern Oklahoma has been waiting for. Positioned minutes from the Texas border in the growing Texoma region, this unique commercial property offers far more than a turnkey restaurantit offers the opportunity to build the area’s next gathering place. Currently operating as a fully equipped restaurant, the property includes the commercial kitchen equipment, furnishings, and equipment inventory, allowing a new owner to open immediately or create an entirely new concept. Inside you’ll find a spacious dining room with booths and table seating, a private party room, office, and three customer restrooms. The real opportunity lies beyond the walls. A fenced backyard is ready to become an inviting courtyard with the potential for direct access from the restaurant. Picture a beer garden, outdoor dining, live music, food truck nights, family games, seasonal events, fire pits, or an ice cream shop where families gather after the ball games and weekends at Lake Texoma. With virtually no nearby restaurants offering alcohol, outdoor entertainment, or live music, this location is uniquely positioned to become a destination instead of simply another place to eat. The property includes three parcels, creating room to expand. An additional parcel features an older shop that could become a brewery, bakery, coffee shop, retail space, or be removed for additional outdoor entertainment. A single-wide mobile home offers potential as employee housing, rental income, office space, or could be removed for future development. Whether your vision is a brewery, beer garden, bakery, coffee house, event venue, family entertainment destination, food hall, ice cream shop, or market, this property provides the flexibility to make it happen. This isn’t just a restaurant. It’s your opportunity to create the destination Southern Oklahoma has been waiting for.

Details

MLS #2628907
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1946
Days On Site19
Listing Provided ByHomes By Lainie | Michelle McCullough

Features

SQ Feet2,160
Zoningcomm
Acreage0.41
Water FrontYes

Parking

Parking FeaturesParking Spaces

Taxes

Tax Annual Amount474

Area Information

StateOK
CountyBryan
CityColbert
Zip Code74733
Community NameThe City of Colbert
Listing VS Median (in The City of Colbert)
Price:
$299,000
low | high
Med:
$299,000
50% of Average
sqft:
2,160
low | high
Med:
2,160
50% of Average
$ / sqft:
$138
low | high
Med:
$138
50% of Average
On site:
19
low | high
Med:
19
100% of Average
Sourced by Back At You

Market Activity 74733

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Contact

Learn More About This Property

Shayle Corp

Shayle Corp

Coldwell Banker Select

210412 (479) 459-4395shayle.corp@cbokc.com
StateOK
CountyBryan
CityColbert
Zip Code74733
Community NameThe City of Colbert
Listing VS Median (in The City of Colbert)
Price:
$299,000
low | high
Med:
$299,000
50% of Average
sqft:
2,160
low | high
Med:
2,160
50% of Average
$ / sqft:
$138
low | high
Med:
$138
50% of Average
On site:
19
low | high
Med:
19
100% of Average
Sourced by Back At You
Listing Updated: August 23, 2026 at 3:52:33 AM PDT