111 W Ketchum Avenue Ketchum, OK $ 775,000
111 W Ketchum Avenue
$ 775,000
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111 W Ketchum Avenue

Ketchum, OK, 74349
$ 775,000
Bedrooms-- Baths-- Sq 2,417

Monthly Estimate*

$ 4,772

111 W Ketchum Avenue, Ketchum, OK 74349 - Image 1
111 W Ketchum Avenue, Ketchum, OK 74349 - Image 2
111 W Ketchum Avenue, Ketchum, OK 74349 - Image 3

Commercial Property for sale in Ketchum, OK

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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Commercial Active

Price

$ 775,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.344238

Year Built

1973

Town/City

Ketchum

County/Region

Mayes

MLS | Web ID

1215688

Features
General
Zoning 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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Exterior
Lot Dimensions 100x150
Frontage Length 150
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Internal Only
Street Number 1 111
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* Excluded Features
List By
Shana Haley

Listing Agent

Mcgraw Realtors (Bo)

Broker

(405) 431-7757

Phone

Affordability Calculator

$4,772
Per Month
100%
0%
0%
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.
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Nearby
304713 Elementary School
304843 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2026$775,000 Listed Price

Map


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111 W Ketchum Avenue, Ketchum, OK, 74349 is a Commercial Property for sale at $775,000 with 2,417 sqft and a lot size of 0.344238. 111 W Ketchum Avenue was built in 1973. The property's zip code is 74349 which is in Ketchum, OK