Former MoJo's Restaurant Bar & Grill
Restaurant For Sale
Sales Price: $2,500,000
Gross Building Area: 12,128 SF
Lot Size: 1.47 Acres
Year Renovated: 2015
Market: Stillwater
Property Description:
The restaurant consists of 12,128 square feet situated on 1.47 acres of land. The property is turn-key and operational for an owner/user wanting to open a bar & restaurant concept, with 4 bowling lanes included. The Former MoJo's is surrounded by national retailers including: CVS, McAlister's Deli, Starbucks, Chili's Bar & Grill, Red Lobster, Panera Bread, Chipotle Mexican Grill, Jack In The Box, and Verizon. The property also backs up to Stickland Park with multiple hospitality concepts surrounding the property.
FFE not included but could be negotiated. Membrane Roof replaced in 2008 with a 20 year life. Geo system costing $200k saves $1k per month in utilities. Hot water heater system with a full size back-up, value of $100k. Silikal quartz flooring throughout the kitchen.
Location Overview:
The Former MoJo's Bar & Grill is located at 223 E. Hall of Fame Avenue in Stillwater, Oklahoma. The property has frontage on E. Hall of Fame Ave. and just east of Main Street. Stillwater is the tenth largest city in Oklahoma with over 47,000 population. Stillwater is home to the main campus of Oklahoma State University, as well as a branch of Northern Oklahoma College, Meridian Technology Center, and the Oklahoma Department of Career and Technology Education. Stillwater has a diverse economy with a foundation in aerospace, agribusiness, biotechnology, optoelectronics, printing and publishing, and software and standard manufacturing. The city's largest employer is Oklahoma State University. It was one of the 100 top places to live in 2010, according to CNN Money Magazine.
