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117 S Franklin

Colbert, OK 74733
  • $298,000
  • STATUS: Active
  • ON SITE: 61 Days
  • MLS #: 2628907
UPDATED: 66 min ago
$298,000
  • 0
    BEDS
  • 0.41
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,160
    SQFT
  • $138
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1946
County:
Area:

School Ratings & Info

School District:

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.

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NORES MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on this site, other than by potential buyers and sellers, is prohibited. Data is deemed reliable but is not guaranteed accurate by the MLS or 1907 Realty. Data last updated: 2026-10-06T23:22:53.7.
www.1907realty.com/homes/179842084
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117 S Franklin Colbert, OK 74733

  • Price: $298,000
  • Status: Active
  • On Site: 61 Days
  • Updated: 66 min ago
  • MLS #: 2628907
0
Beds
0
Baths
0
½ Baths
0.41
Acres
2,160
SQFT
$138
$/SQFT
1946
Built
Neighborhood:
The City Of Colbert
County:
Bryan
Area:
Colbert
School District:
Colbert -Sch Dist (J9)
Property 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.
Exterior Features

Construction Materials Other Exterior Features Storage Fencing Full Other Privacy Foundation Details Slab Frontage Length 75 Parking Features Parking Space(s) Roof Metal Waterfront Features Other Waterfront YN No

Interior Features

Appliances Electric Water Heater Cooling Central Air Ductless Cooling YN Yes Flooring Vinyl Heating Central Electric Heating YN Yes Interior Features Ceiling Fan(s)

Property Features

Additional Parcels YN No Building Area Total 2160 Building Features Public Restrooms Contingency No Listing Agreement Exclusive Right To Sell Listing Terms Conventional Operating Expense Includes Accounting Advertising Electric Insurance Maintenance Other Pest Control Professional Management Real Estate Tax Supplies Trash Utilities Water / Sewer Possession Close Of Escrow Possible Use Food Service Mixed Use Retail Property Sub Type Business Sewer Public Sewer Tax Annual Amount 474 Tax Year 2025 Utilities Electricity Available Natural Gas Available Water Available Water Body Name Texoma Lake Water Source Public Zoning Description comm

Greater Tulsa Association of Realtors logo Listing provided courtesy of Michelle Mccullough of Homes By Lainie: (903) 624-0688. © 2026 Northeast Oklahoma Real Estate Services, Inc.
NORES MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on this site, other than by potential buyers and sellers, is prohibited. Data is deemed reliable but is not guaranteed accurate by the MLS or 1907 Realty. Data last updated: 2026-10-06T23:22:53.7.
 
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