Prime Red River Business with 6.79 Acres

For Sale

Prime Red River Business with 6.79 Acres

$395,000 Hendrix, Oklahoma 74741
  • 7 Acres

Property Description

Operated as a rural family business for over 75 years as The Silver Dollar Grocery and Cafe, here is a rare opportunity to purchase a prime commercial property with a long and rich history and limitless potential only one-half mile from the Red River and only 7.5 miles from Denison, Texas. An iconic commercial property steeped in small-town charm and big business potential being the first business location after entering Oklahoma from Texas FM 120 crossing the new Carpenters Bluff Bridge. Originally established and operated for three generations as a thriving grocery store and cafe, this property has long been a cornerstone for the rural communities and for Red River visitors. Known for hamburgers and fine buffet meals, The Silver Dollar drew loyal customers from miles and around and served as a social and economic hub for the Red River valley for both Texas and Oklahoma. Beyond its bustling retail and dining history, the property has several additions ideal for light manufacturing or warehouse operations perfect for entrepreneurs needing a flexible space to grow. The property includes 6.789 acres with more acreage available giving plenty of room for additions and more recreational expansions with features such as ample parking, a strong visibility, and space for new recreational services, outdoor outfitters, and river tourism. The area's growing appeal and less than 10 minute access to Denison, this is an excellent opportunity for investors and visionaries just a short distance to the rapidly growing Silicon Prairies of Sherman, Texas, Lake Texoma, Choctaw Casino and Resort, and just a little over an hour to the DFW Metroplex. Being a cherished local landmark perfect for starting a new business or developing a recreation-based venture, don't miss out on a once-in-a-generation opportunity to own and reimagine a true commercial treasure.

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