$770,000
( $318.58Per Sq Foot )
 $4,617 est/mo Sourced by Back At You

111 W Ketchum Avenue,Ketchum, OK 74349

Ketchum, OK 74349

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Description

Located in Ketchum, Oklahoma, just minutes from the shoreline of Grand Lake o’ the Cherokees, The Lighthouse Restaurant & Supper Club is one of Grand Lake’s most recognized and established upscale steakhouses. With more than 30 years in business, this is not a startup concept it is a proven destination with history, reputation, and loyal clientele. Known for quality steaks, elevated dinner service, a full-service bar, and an inviting supper club atmosphere, The Lighthouse has been a go-to gathering place for lake homeowners, weekend visitors, and local patrons for decades. From summer lake season to holiday dinners and special celebrations, this restaurant has built real staying power in the community. The building offers seating for approximately 150 guests, providing flexibility for dining, private events, rehearsal dinners, and entertainment nights. The spacious layout supports both intimate dining and larger group experiences. The full bar adds an additional revenue stream and enhances the overall guest experience. The property is fully equipped and truly turnkey. All kitchen equipment, tables, chairs, barware, furnishings, and operational essentials are included, allowing a new owner to continue operations seamlessly. The exterior has been freshly painted, the HVAC system is approximately 7-8 years old, and two additional mini-split units have been installed on each end of the building for added comfort and efficiency. Positioned along the main thoroughfare around Grand Lake, the restaurant benefits from strong visibility and consistent traffic flow year-round. Cherished recipes and long-standing menu favorites will convey with the sale, preserving the brand’s legacy while leaving room for the next owner’s vision. This is a rare opportunity to own a 30-year-established Grand Lake steakhouse with history, name recognition, and prime location ready for its next chapter. Owner Financing or Lease to Own Available.

Details

MLS #2607976
Listing TypeFor Sale
StyleBusiness
Sub-TypeResale
StatusActive
Year1973
Days On Site181
Listing Provided ByMcGraw, REALTORS | Shana Haley

Features

SQ Feet2,417
ZoningUrban Com
Acreage0.34

Taxes

Tax Annual Amount1690

Area Information

StateOK
CountyCraig
CityKetchum
Zip Code74349
Listing VS Median (in 74349)
Price:
$770,000
low | high
Med:
$542,500
79.545454545455% of Average
sqft:
2,417
low | high
Med:
1,629
82.623086470832% of Average
$ / sqft:
$319
low | high
Med:
$347
41.144480519481% of Average
On site:
181
low | high
Med:
174
100% of Average
Sourced by Back At You

Market Activity 74349

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Learn More About This Property

StateOK
CountyCraig
CityKetchum
Zip Code74349
Listing VS Median (in 74349)
Price:
$770,000
low | high
Med:
$542,500
79.545454545455% of Average
sqft:
2,417
low | high
Med:
1,629
82.623086470832% of Average
$ / sqft:
$319
low | high
Med:
$347
41.144480519481% of Average
On site:
181
low | high
Med:
174
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $577K - $962K
sqft: 1,500 - 3,000
Nearby Listings Property ImageNearby Listings Details
293 Ketchum Boulevard Property Photo 1
$660,000
293 Ketchum Boulevard
Ketchum, OK 74331
Listing Updated: August 23, 2026 at 4:08:29 AM PDT
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