111 W Ketchum Avenue
Ketchum, OK, 74349 $ 775,000
Bedrooms-- Baths-- Sq 2,417 Monthly Estimate*
$ 4,772
for $775,000. This 2,417 square foot building was built in 1973 on a lot size of 0.344238.
Located in Ketchum, Oklahoma, just minutes from the shoreline of Grand Lake o’ the Cherokees, The Lighthouse Restaurant & Supper Club is one of Grand Lake’s most recognized and established upscale steakhouses. With more than 30 years in business, this is not a startup concept — it is a proven destination with history, reputation, and loyal clientele. Known for quality steaks, elevated dinner service, a full-service bar, and an inviting supper club atmosphere, The Lighthouse has been a go-to gathering place for lake homeowners, weekend visitors, and local patrons for decades. From summer lake season to holiday dinners and special celebrations, this restaurant has built real staying power in the community. The building offers seating for approximately 150 guests, providing flexibility for dining, private events, rehearsal dinners, and entertainment nights. The spacious layout supports both intimate dining and larger group experiences. The full bar adds an additional revenue stream and enhances the overall guest experience. The property is fully equipped and truly turnkey. All kitchen equipment, tables, chairs, barware, furnishings, and operational essentials are included, allowing a new owner to continue operations seamlessly. The exterior has been freshly painted, the HVAC system is approximately 7–8 years old, and two additional mini-split units have been installed on each end of the building for added comfort and efficiency. Positioned along the main thoroughfare around Grand Lake, the restaurant benefits from strong visibility and consistent traffic flow year-round. Cherished recipes and long-standing menu favorites will convey with the sale, preserving the brand’s legacy while leaving room for the next owner’s vision. This is a rare opportunity to own a 30-year-established Grand Lake steakhouse with history, name recognition, and prime location — ready for its next chapter.
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FeaturesGeneralZoning Commercial
Year Built 1973
Electric Public
Property Subtype Restaurant
County Craig
Property Type Commercial Sale
Status Active
City Ketchum
Lot Size Square Feet 14995
Standard Status Active
Tax Lot 19-24
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ExteriorLot Dimensions 100x150
Frontage Length 150
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* Excluded FeaturesList ByMcgraw Realtors (Bo)Broker
Affordability Calculator
- Monthly Principal & Interest
- $4,772
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Ketchum, OK
Average List Price $720,000
Percent of Sale Price 7%
About Ketchum, OK 422 Population
-1% Since 2002
$ 38,859 Median Income
47.16 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
304713 Elementary School
304843 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 2/27/2026 | $775,000 | | Listed Price |