1511 98th street nw

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.