611 NE ROUTE 66 HWY $479,000

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    611 NE ROUTE 66 HWY Sayre, OK 73662

    • 9,244 sq. ft.
    • Commercial
    • MLS# 974894
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    Views: 167 Days On Site: 261

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    Property Details

    Description Tours

    Historic Route 66 Highway is Home to this Turn Key Investment Opportunity in Sayre, Oklahoma! Restaurant is Fully Furnished with High Quality Supplies, Ovens, Fryers, Range, Freezers, Refrigerators, Tables and Chairs, Ice Machine, Owned Soda Machine, and much more. Toast Point of Sale System Stays and Security System. Everything you see Pictured Stays! Restaurant is Available for Lease while on the Market before it sells and possibly after. 13 Apartments Surround this Restaurant, 2 are being remodeled. Apartments Are Rented at 90% Capacity and Leases will Automatically Transfer. On site Laundry Facility is set up but no Current Washers/Dryers. Main Office for Apt Mngt is also on Site! 20 x 20 Shop in the Back. Walking Distance to Sayre Public Schools, SWOSU Junior College, and Hutch's C Stores. Investment Opportunity Insight: Borrow Money at 3% Interest for 30 Years...the Apartment Income Could Make Your Payment While the Restaurant Income is all Profit. $1,000 Free Radio Promo!

    • General Features
      • Status Active
      • Property Sub Type Restaurant
      • Year Built 1959
      • County Or Parish Beckham
    • Building Features
      • Baths Total 0.00
      • Available Sq Ft 9244
      • Cooling System Central Elec
      • Conditions Affecting Sale None
      • Heat System Central Gas
      • Total Rooms 13
      • Stories 1.0000
      • Number of Units 13
    • Property Features
      • Electric Public
      • Sewer Public
      • Gas Natural
      • Land Sq Ft 37500
      • Water Public

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    Neighborhood

    73662 (Sayre) Demographics

    39 Median Age
    17 Population Density (per sq. mile)
    20% College Educated
    $48,994 Estimated Median Income
    1,188 Estimated Total Home Owners
    611 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    6,411 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $120,000 Median Sales Price
    5 Homes Sold
    9 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $479,000
        4/19/2022 5:27:46 PM Price Reduced Source: Multiple Listing Service New Value: $479,000 -4.01%
        1/13/2022 10:57:30 AM Price Reduced Source: Multiple Listing Service New Value: $499,000 -9.11%
        9/9/2021 9:13:00 PM New in Database Source: Multiple Listing Service New Value: $549,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.