$275,000
$120K PRICE DROP

725 Carpenters Bluff Rd Hendrix, OK 74741

Estimated payment $1,743/month

Total Views 3,763
1.6 Acres
$171,875 Price per Acre
69,696 Sq Ft Lot

About This Lot

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 1.6 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.

Listing Agent

David Norman

David Norman Land Company Listed on: 07/28/2025

Listing Provided By

Property Details

Property Type

  • Land

Additional Features

  • Current uses include commercial
  • Co-Op Water

Property Details

Property Type

Land

Listing Details

  • Office Phone: 580-875-7613
  • Listing Website: https://www.land.com/property/1.6-acres-in-bryan-county-oklahoma/24270965/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Lot Info

  • Current Use: Commercial

Multi Family

  • Utilities Available: Co-op Water

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2026 04/06/26 Price Changed $275,000 -30.4% --
07/28/2025 07/28/25 For Sale $395,000 -- --

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 None Listed On Document
Source: Public Records
Your Personal Tour Guide

Ask me questions while you tour the home.