111 W Ketchum Avenue, Ketchum, OK 74349 For Sale

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.