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sales rep | Brivity IDX

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117 S Franklin , Colbert, OK 74733
$298,000
Est. Payment: $1,586.08/mo
2160 Sqft
0.41 Acres
Status: active | Days on site: 47
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3216 - 204504
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House 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 restaurant—it 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.

Highlights

Listed by Michelle McCullough , (903) 818-5049 Homes By Lainie , (903) 624-0688. Northeast Oklahoma MLS

Property Type

Commercial Sale

Lot/Acreage
0.41

Year Built

1946

County

Bryan

Neighborhood

The City of Colbert

School District

Colbert -Sch Dist (J9)

Listing ID

2628907

Questions about this listing?

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Interior Features

Appliances:Electric Water Heater
Air Cond:Central Air,Ductless
Fireplaces:
Floor:Vinyl
Other:
  • ▪ Additional:Ceiling Fan(s)
Water:Public

Exterior Features

Zoning:comm
Roof:Metal
Others:
  • ▪ Additional:Storage
Sewer:Public Sewer
Parking Features:Parking Space(s)
Principal Interest
$1,586
Taxes
$40

Home Price

$298,000

Loan Details

30 yrs
7%

Down Payment

20%
$59,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,586.08

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,586.08 $39.50 $0.00 $1,625.58
Yearly $19,032.97 $474.00 $0.00 $19,506.97
Total $570,989.21 $14,220.00 $0.00 $585,209.21
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Colbert, OK).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by the Northeast Oklahoma MLS, and is deemed reliable but not guarenteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-12T19:43:46.000Z

© 2026 Northeast Oklahoma MLS