322 Drive

Large Turn-Key Investment/ Commercial/ Restaurant with Land and an Income Producing contract for sale on a highly visible location in Ardmore, OK. Ardmore, OK is located along Interstate 35 with a population of over 24,500 people according in 2019 and over 48,000 people in its own micropolitan statistical area. Ardmore also sets between Dallas, TX, and Oklahoma City, OK; it is ideally located between Houston, TX, and Wichita, KS. This is a corner location that is visible from Interstate 35. This property consists of 1.67 acres of land located at the corner of Holiday Drive and Crossroads Dr. in Ardmore, OK, with road signage that can be seen from Interstate 35. Oklahoma Department of Transportation data shows that in 2018 the traffic count for I-35 at this location was over 35,000 per day. The property is a 6,000 MOL square foot building previously known as Interurban Restaurant. The remainder of the land is paved parking. At the south end of the parking lot is a 15-year lease to Tesla for 18 electric car charging stations. The advertised price for this property includes the building, land, kitchen equipment, bar (liquor license can be leased until new owner obtains their own), current Tesla lease, and the Interurban Franchise. There are many possibilities and uses for this property and location. Currently, this building is being used as a Restaurant. This restaurant has an occupancy certification rated for 300 people. There is seating for 191 people inside and 40 patrons on the patio at any given time. This restaurant has a Bar along with a brick-oven pizza maker. If the buyer wanted to keep this location as a restaurant, there is enough room on the North side of the building to add a drive-through that would expand operations with to-go orders. Nearby businesses include Floor Trader, Freddy’s Burgers, Taco Bell, Chilli’s, Lowe’s, El Chico, Hilton Garden Inn Ardmore, Boarders Inn & Suites, and more….This building is also available for lease.