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HIGHWAY 59 & GRAND LAKE, 16 AC w/2,000' SHORELINE
Highway 59 north of Grove, Grove, OK 74344
$5,400,000
16 AC
Land
Commercial/ Other (land)
Retail (Other)
- Electricity/Power
- Irrigation
- Water
- Telephone
- Cable
- Gas/Propane
-
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Last Verified 11/24/2009
Listing ID 15782600
1 Lot Available
Lot 1
$5,400,000
16 AC
Commercial/ Other (land)
3%
Description
Adjacent to Sailboat Bridge and fronting on Highway 59. ALL CITY UTILITIES INSTALLED, INCLUDING CITY SEWER. 16-18 acres of the most valuable lakefront acreage left in the City limits of Grove, with over 2,000 feet of GRAND LAKE O'CHEROKEES shoreline adjacent to largest new bridge in the history of Oklahoma: Sailboat Bridge. Five-laning (w/bike trail) of Highway 59 to town of Grove beginning in front of this property is under construction now, to be completed October, 2009. ZONED HIGHEST USE C-3 COMMERCIAL. The water on this side of Highway 59 (east side) is much deeper and less windier than on the west side of Highway 59 and this property HAS THE DEEPEST WATER IN THE CITY LIMITS OF GROVE, UPWARDS OF 45 FEET DEEP AND INCLUDES A PROTECTED COVE FOR SLIPS AND BOATS. Grand Lake is one of the few lakes in the U.S. where shoreline can be privately owned and docks may be placed directly in front of the property. Presently under-utilized as Ballerina Pier 59 Mobile Home Park, easily could generate $20,000.00-plus per month in present condition. Grove has new $55 million Integris Hospital under construction. GROVE'S sales tax collected for June, 2009, was $516,000.00.
Highway 59 north of Grove, adjacent to Sailboat Bridge.
Map of Highway 59 north of Grove, Grove, OK 74344 (Delaware County)
Created 6/30/2008
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.