Commerce is located in the extreme northeast portion of Oklahoma in Ottawa County north of Miami near the Kansas border.
The town is best known as the childhood home of baseball Hall-of-Famer Mickey Mantle of the New York Yankees. Mantle was honored in 1988 when the portion of U.S. Highway 69 that runs through town was changed to Mickey Mantle Blvd.
Outdoor recreation revolves around nearby Spring River Canoe Trails State Park, the Grand (Neosho) River, the Spring River and Twin Bridges State Park.
Commerce was first established as a mining town in 1905 and was at various times called called "North Miami", "Hattonville,", "Geneva", "Hattonville" again before the four partners who made the initial ore discovery bought the town and named it "Commerce" after their new business corporation, The Commerce Mining and Royalty Company.