206 Dearborn & 215Lawton, OK 73507

Property Details for 206 Dearborn & 215

Lot size

1.41 AC

Property size (Sq ft)

4,800 SF

Property type

Retail properties

Property subtype

Restaurants

Description

This Lawton, Oklahoma property presents a compelling value-add opportunity encompassing a former McKenzie Burger Bar restaurant and a substantial storage shed. Located at 206 NW Dearborn & 215 NW Columbia, this 1.41-acre lot boasts a combined square footage ranging from 4,800 to 21,000 square feet, depending on the inclusion of the storage shed. The main building, approximately 8,280 square feet, previously housed a restaurant and gift shop, featuring insulated block walls, two ADA-compliant restrooms, and a fully sprinklered system. The property also includes a separate approximately 11,000 square foot storage shed. The site benefits from three-phase power and is situated in a C-5 zoned area, offering flexibility for future development. Its advantageous location near the 2nd Street Development and Elmer Thomas Park, within a Tax Increment Financing (TIF) district, further enhances its investment appeal. Note that equipment and décor are not included in the asking price of $950,000. This property is ideal for investors seeking a prime location with significant redevelopment potential in a thriving area of Lawton.

Location Insight

City

Lawton

County

Comanche

State

Oklahoma

Latitude

34.6134

Longitude

-98.391

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