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309 S Van Buren St
Enid, OK 73703
Vacant Long John Silver - Enid, OK · Retail Property For Sale

Investment Highlights

  • Vacant Long John Silver's restaurant with existing drive-thru infrastructure in place, saving the cost and time of building drive- thru lanes
  • Existing drive-thru, curb cuts, utilities, parking, and pylon signage reduce redevelopment costs and accelerate the path to opening.
  • Located within an Opportunity Zone, offering potential tax advantages and long-term value-creation opportunities.
  • Renovated in 2018, offering a functional footprint for an owner- user, investor, or developer pursuing repositioning or re- tenanting
  • Located along South Van Buren Street, a primary commercial corridor with traffic counts exceeding 20,000 VPD, surrounded by a strong mix of national

Executive Summary

Sands Investment Group is pleased to exclusively offer for sale a 2,404 SF Vacant Long John Silver's restaurant situated on a 0.57-acre parcel along South Van Buren Street in Enid, Oklahoma.? Originally built in 1978 and renovated in 2018, the property features an existing drive-thru configuration, ample parking, pylon signage, and existing utility infrastructure, providing a cost-effective opportunity for an owner-user, investor, or developer seeking a repositioning or re-tenanting opportunity.?
The property is zoned C-3 General Commercial, allowing for a wide variety of retail, restaurant, coffee shop, medical, and service-oriented uses.? Its strategic location along one of Enid's primary commercial corridors provides excellent visibility and accessibility, with traffic counts exceeding 20,000 vehicles per day on Van Buren Street.? The surrounding area is home to a strong mix of national and local retailers, restaurants, and service providers, supporting consistent consumer traffic and demand.?
Additionally, the property is located within an Opportunity Zone, offering potential tax advantages and long-term value creation opportunities.? With existing drive-thru infrastructure already in place and limited redevelopment requirements, the site is well-positioned for a quick turnaround and future occupancy.?

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,404 SF
Building Class
C
Year Built/Renovated
1978/2018
Price
$700,000
Price Per SF
$291.18
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
C-3 - C-3 General Commercial
Frontage
150’ on Van Buren

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Drive Thru
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 5000-00-003-006-0-018-00
  • 4990-00-005-003-0-024-00
Land Assessment
$36,891
Improvements Assessment
$30,836
Total Assessment
$67,727
  • Listing ID: 31784333

  • Date on Market: 5/13/2024

  • Last Updated:

  • Address: 309 S Van Buren St, Enid, OK 73703

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