1221 N Grady Street Altus, OK $ 265,000
1221 N Grady Street
$ 265,000
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1221 N Grady Street

Altus, OK, 73521
$ 265,000
Bedrooms-- Baths-- Sq 3,134

Monthly Estimate*

$ 1,830

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Commercial Property for sale in Altus, OK

for $265,000. This 3,134 square foot building was built in 1960 on a lot size of 0.47.

Located at 1221 N. Grady Street in Altus, this distinctive 3,134± sq ft commercial bldg on approximately 0.47 acres offers an exceptional opportunity for a restaurant operator, investor, or entrepreneur looking for an established food-service location with extensive commercial infrastructure already in place. Originally used as an office and automobile sales location, the property underwent a major transformation, with construction of the restaurant completed in 2014. The building now features multiple dining areas, a commercial kitchen, customer restrooms, serving and reception areas, office space, & an abundance of character throughout. The interior immediately stands out with its brick arch accents, colorful Talavera tile reportedly imported from Tonalá, Jalisco, Mexico, ceramic tile flooring, hand-painted decorative elements, & custom finishes. One dining area features an electric fireplace surrounded by Talavera tile along with hand-painted mural tilework. The commercial kitchen is equipped with substantial restaurant infrastructure, including a 15-foot CaptiveAire stainless-steel commercial vent hood with dual exhaust, fire-suppression system and make-up air, six-burner Vulcan commercial gas range, commercial convection oven, three-compartment sink with drainboards, handwashing sink, stainless-steel work tables, commercial freezer, dry-storage shelving, mop sink, and walk-in cooler/freezer combination. kitchen also includes dedicated HVAC and space for additional equipment such as a dishwasher. The building's mechanical and utility improvements are another major feature. Electrical service includes a reported 400-amp, three-phase main service, providing capacity that may accommodate future operational needs or expansion, subject to buyer verification. HVAC consists of multiple systems serving the dining areas, restrooms, and kitchen, including two 5-ton package units, a 5-ton split system, and a mini-split system.

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Commercial Active

Price

$ 265,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.47

Year Built

1960

Town/City

Altus

County/Region

Jackson

MLS | Web ID

1253339

Features
General
Sewer Public Sewer
Heating Electric
Cooling Gas
Zoning Commercial
Year Built 1960
Electric Public
Stories Count 1
Accessibility Accessible Common Area Accessible Doors
County Jackson
Property Type Commercial Sale
Status Active
Directions From Falcon Road turn north on to Grady Street . 2nd building on the west side of street
City Altus
Lot Size Square Feet 20524
Standard Status Active
Tax Lot Lots 5 6 7 & PT
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Exterior
Parking Features Asphalt
Water Source Public
Lot Size Acres 0.47
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Internal Only
Street Number 1 1221
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* Excluded Features
List By
Linda Anderson

Listing Agent

United Country H5 Auction And

Broker

(580) 471-0423

Phone

Affordability Calculator

$1,830
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,830
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/12/2026$265,000 Listed Price

Map


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1221 N Grady Street, Altus, OK, 73521 is a Commercial Property for sale at $265,000 with 3,134 sqft and a lot size of 0.47. 1221 N Grady Street was built in 1960. The property's zip code is 73521 which is in Altus, OK