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1511 98th Street Nw, Grove, OK 74344

$945,000
  • 1511 98th Street Nw, Grove, OK 74344 Main Photo

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Active
SQUARE FEET15,302 MLS#2551256
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONGrove-X Land SCHOOLGrove - Sch Dist

Property Description

Rare opportunity to acquire a 3 m/l acre, 486' waterfront property on Wolf Creek at Grand Lake with an established footprint and direct access from a high-traffic highway corridor averaging 15,000 vehicles per day. The property benefits from excellent visibility and accessibility making it well suited for a waterfront restaurant, marina repositioning, RV park, tiny cabin retreat, or mixed-use destination concept. Existing structures offer flexibility for interim use or phased redevelopment. Wolf Creek is a proven recreational draw, recording approximately 150,000 visits in 2024. In 2025, the creek hosted 39 organized fishing tournaments with 5,811 boats launched, equating to more than 11,600 anglers, not including families and spectators. This consistent tournament activity drives strong demand for food and beverage, lodging, marina services, and event-oriented amenities. The City of Grove is supportive of new business development and has expressed a willingness to engage in discussions with a prospective buyer regarding potential incentive and rebate options, subject to review and approval. Grove's pro-growth posture and interest in attracting destination-oriented projects further enhance the appeal of this opportunity. In addition, the City of Grove is currently developing a new Civic Center, which is expected to further stimulate investment activity and community growth in the area. Waterfront frontage on Wolf Creek is finite and increasingly difficult to replicate. The combination of significant shoreline frontage, high daily traffic counts, established marina precedent, municipal support for development, and consistent tourism demand positions this property as a rare opportunity for investors and developers seeking a destination-driven waterfront project. Buyer to verify zoning, entitlements, permitted uses, and development potential. The seller is a licensed agent in the state of Oklahoma.

1511 98th Street Nw | MLS# 2551256

This commercial property located at 1511 98th Street Nw, Grove, OK 74344 is currently listed for sale with an asking price of $945,000. 98th Street Nw is located within the Grove - Sch Dist school district. Search Grove real estate on www.ccoklahoma.com today.

Property Features

Property Type: Commercial - Business
Cooling: Other
Heating: Other
Lot Size: 3.02 Acres
Roof Type: Other
Taxes: $6,773
Year Built: 1975

Amenities

Other
Other

Feature Descriptions

Days on Site: 63
Fencing: None
Parcel#: 210037217
Sewer: Public Sewer
Utilities: Electricity Available, Water Available
Water: Public

Local Schools

School District: Grove - Sch Dist

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty

Shown By

Agency Title: Chinowth & Cohen
Agency Phone: (918) 296-7950

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