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Asain Palace 502 S 1st St

2,228 SF Retail Building Madill, OK 73446 $780,000 ($350/SF)

Restaurants Oklahoma Madill 502 S 1st St, Madill, OK 73446

Investment Highlights

  • Highway frontage
  • Great location
  • Busy highway

Executive Summary

Fantastic Opportunity!! Right on Highway 70, one of the busiest and most successful restaurants in Madill is needing a new owner. All appliances and furnishings will stay with the restaurant. There is plenty of seating. It is very clean. There is salad bar and a hot buffet. There is a walk-in refrigerator as well as a walk-in freezer. Two storage containers. The driveway has just had new concrete poured, with plenty of room for parking. It is also large enough for trucks to drive around back and make deliveries. This commercial building could be any type of business you would like to make it. Great location! There is a 4/2 doublewide home that could be purchased with the restaurant. If the home is not purchased with the restaurant, the land would be surveyed out.
This restaurant is up and running. It stays very busy.

Property Facts

Sale Type
Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,228 SF
Building Class
C
Year Built
1979
Price
$780,000
Price Per SF
$350
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.60 AC
Zoning
C - Commercial - Restaurant
Parking
22 Spaces (9.87 Spaces per 1,000 SF Leased)
Frontage
57 FT on South 1st Street

Amenities

  • Restaurant
  • Air Conditioning

About 502 S 1st St , Madill, OK 73446

Fantastic Opportunity!! Right on Highway 70, one of the busiest and most successful restaurants in Madill is needing a new owner.

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Nearby Major Retailers

Simmons Bank
First United Bank And Trust Company
Homeland

PROPERTY TAXES

Parcel Number 0699-34-05S-05E-0-024-00 Improvements Assessment $12,789
Land Assessment $7,200 Total Assessment $19,989

PROPERTY TAXES

Parcel Number
0699-34-05S-05E-0-024-00
Land Assessment
$7,200
Improvements Assessment
$12,789
Total Assessment
$19,989
(580) 795-4155

Contact

  • Patti Sparlin
    Patti Sparlin
  • Sparlin Realty

  • Listing ID: 32558230

  • Date on Market: 7/23/2024

  • Last Updated:

  • Address: 502 S 1st St, Madill, OK 73446

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502 S 1st St, Madill, OK for sale Building Photo- Image 1 of 7
Primary Photo
502 S 1st St, Madill, OK for sale Building Photo- Image 2 of 7
Concrete drive and parking lot
502 S 1st St, Madill, OK for sale Interior Photo- Image 3 of 7
Buffet bar - hot and cold
502 S 1st St, Madill, OK for sale Interior Photo- Image 4 of 7
Clean with lots of seating
502 S 1st St, Madill, OK for sale Interior Photo- Image 5 of 7
Sun room
502 S 1st St, Madill, OK for sale Interior Photo- Image 6 of 7
Dining area

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Asain Palace | 502 S 1st St
(580) 795-4155 x

Asain Palace | 502 S 1st St

Patti Sparlin

(580) 795-4155

(580) 795-4155

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