1221 N Grady Street
Altus, OK, 73521 $ 265,000
Bedrooms-- Baths-- Sq 3,134 Monthly Estimate*
$ 1,830
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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FeaturesGeneralSewer 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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ExteriorParking Features Asphalt
Water Source Public
Lot Size Acres 0.47
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* Excluded FeaturesList ByLinda AndersonListing Agent
United Country H5 Auction AndBroker
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Altus, OK
Average List Price $581,290
Percent of Sale Price 119%
About Altus, OK 18,379 Population
-13% Since 2002
$ 42,333 Median Income
35.09 Median Age
30% 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 |
|---|
| 10/12/2026 | $265,000 | | Listed Price |