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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
22037203
22037331

319 E Illinois Ave, Vinita, OK 74301 For Sale

KA
OK OK 175462
Keller Williams Premier
Listed by Keller Williams Premier
$1,199,000
510 days on market
Updated 118 days ago

Clanton's Cafe

Details
Property Type Business for Sale
Sub Type Business and Building
Square Footage 3,370
Units 1
Pro-Forma Cap Rate 20.00%
Pro-Forma NOI $1,850,000
Price per SqFt $356
Broker Co-Op Yes
Class A
Year Built 1925
Buildings 1
Stories 1
Lot Size (SqFt) 39,782
Zoning UC
Parking Spaces 50 spaces
Parking per 1,000 SqFt 14.84
Investment Type Owner/User

Historic restaurant with loyal customer base, great cashflow, and forced appreciation potential.

Marketing description

For the first time in its nearly 100-year history, the legendary Clanton's Cafe is for sale. Established in 1927, this iconic restaurant is the oldest family-owned eatery in Oklahoma and along the entirety of Route 66. A cornerstone of the Mother Road experience, Clanton's has welcomed generations of travelers, locals, and food enthusiasts, serving up classic comfort food with unmatched hospitality.

More than a business, it's a living piece of American history having been featured in movies, television, and numerous national and state publications. Situated in a prime location on Route 66, this restaurant is synonymous with the nostalgia, culture, and tradition that define this legendary highway. Its legacy, loyal customer base, and media recognition make it an unparalleled and very profitable investment opportunity.

Opportunities like this rarely come along. Whether you're a restaurateur, historian, or Route 66 enthusiast, this is your chance to carry forward a legacy that has stood the test of time and to make it your own.

Serious inquiries only. Step into history and be a part of the next chapter of this historic diner.


Investment highlights

Longevity of operation (nearly 100 years) and loyal customer base.

Historic Rt 66 frontage in an area with proposed and expected commercial development.

Restaurant has healthy cash-flow while only open 5 days per week. Easy forced appreciation by operating on Saturday and/or Sundays.

Ideal for owner-operator and/or investment group.

Longest operating family-owned restaurant in Oklahoma.

Longest standing family-owned restaurant on Route 66. Known as a must stop landmark on the “Mother Road”.

Numerous accolades including features on the Food Network, Paula Deen Magazine, Gourmet Magazine and many other national and state publications and television shows..

Named one of the “South’s Best Diners” by Southern Living Magazine.

Very successful business with even more potential income available. Ideal for owner-operator and/or investment group.

Listing Contacts

KA
OK OK 175462
Keller Williams Premier
Listed by Keller Williams Premier

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Additional Information

Name
Kevin Abbott
License
OK 175462
Brokerage
Keller Williams Realty Premier
Title
Realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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