Two businesses for the price of one; this listing features a restaurant with a franchise option and a gallery, nestled at the base of Spavinaw Hills/Spavinaw Lake. Located on Main Street, the property is in a beautiful area where recreation is sought after by people looking for "off the beatin' path"; a destination location restaurant/gallery. Nearby Spavinaw Creek State Park is known for its peaceful serenity and Spavinaw Lake is known for the fishing; all within a mile radius of the property. Having a business in Spavinaw drawns people from NE Oklahoma, as well as NW Arkansas; located within an hour of Tulsa or Bentonville. It is also a prime location; 10 minutes from South Grand Lake and 15 minutes from Lake Hudson. The property has the main 3360 sq.ft building that is set up as a restaurant with a nice dining hall, prep/kitchen area, walk-in cooler, several storage spaces, wash room, two customer restrooms, and an office space. Outside, it features room for outdoor cooking/outdoor dining areas. The second building 1240 sq.ft is currently used as a gallery. This space would work well for a gift shop, coffee shop, donut shop, bait and tackle. Many options here for both buildings. The property also has a mobile home for storage. Spavinaw has other businesses on Main Street that are currently drawing an active customer base. Traffic reports indicate over 1500 cars a day pass through the town. So much opportunity with this property; invest in a destination location!
Spavinaw is located in Oklahoma. Spavinaw, Oklahoma has a population of 449. Spavinaw is less family-centric than the surrounding county with 9.68% of the households containing married families with children. The county average for households married with children is 28.62%.
The median household income in Spavinaw, Oklahoma is $26,563. The median household income for the surrounding county is $52,956 compared to the national median of $69,021. The median age of people living in Spavinaw is 51.9 years.
The average high temperature in July is 91 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 45.3 inches per year, with 10.1 inches of snow per year.
