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$770,000

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2,417 SqFt

Price Dropped by $5K

111 W Ketchum AVE Ketchum, OK 74349

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Tyler Boardman

tyler@boardmangrp.com +1(918) 891-2220

UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 2,417 sqft

Price per Sqft $318

MLS Listing ID 2607976

HOA Y/N No

Total Fin. Sqft 2417

Year Built 1973

Annual Tax Amount $1,690

Tax Year 2025

Lot Size 0.344 Acres

Acres 0.344

Property Sub-Type Business

Property 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.

Location

State OK

County Craig

Interior

Interior Features Other, Ceiling Fan(s)

Heating Central, Gas

Cooling Central Air

Fireplace No

Heat Source Central, Gas

Exterior

Exterior Feature Lighting

Fence None

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Composition

Building

Building Description Frame, Pole Sign

Foundation Slab

Lot Size Range 0.344

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

School District Ketchum - Sch Dist (G1)

Others

Acceptable Financing Conventional, Lease Purchase, Owner Will Carry

Listing Terms Conventional, Lease Purchase, Owner Will Carry

Listed by McGraw, REALTORS

NEARBY SCHOOL & BUSINESS

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Tyler Boardman

Agent | License ID: 200913

+1(918) 891-2220

111 W Ketchum AVE Ketchum, OK 74349

Tyler Boardman

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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111 W Ketchum AVE