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3,134 sqft

$265,000

1221 N Grady Street, Altus OK, 73521

Price per sqft$84.56
Built in1960
Property size3,134 sqft
Property typeCommercial
Courtesy of United Country H5 Auction and, Linda Anderson Listing Contact: (580) 471-0423

Overview

Active

Listed Oct 12, 2026

Updated 6h ago

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.

Additional information

MLS® ID
1253339

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.47 Acres

Other Property Details

Taxes
$1,403
Tax Frequency
Annually
Association Fee Frequency
Yearly
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