11200 Eastern AveOklahoma City, OK 73131

For Sale
$3,800,000
Turn-key event venue, 10 acres.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 10,032 square-foot event center, built in 2015, sits on a 10-acre lot in Oklahoma City (73131) and is offered at $3,800,000 ($378.79/sq ft, $25,000/acre). The property boasts a 6.22% cap rate and features a single-story building with ample parking (100 spaces). The permitted commercial zoning allows for a variety of uses. The interior includes a 3,000 square-foot reception hall comfortably seating 200-250, a 2,700 square-foot ceremony room (plus a 300 sq ft stage) accommodating 300 guests, a well-equipped kitchen, and a bar with three serving counters. Additional amenities include separate bridal and groom's suites with private restrooms, and a partially covered patio overlooking a picturesque outdoor ceremony site. The 16-foot ceilings add to the spacious feel. The center has a proven track record, hosting 309 events over the past five years, averaging 62 events annually and attracting approximately 46,350 patrons. Current ownership will assist with the transition, continuing to host pre-booked events through 2024 and into 2025. This is a truly turnkey opportunity with existing bookings and all necessary furnishings and inventory included. The APN is R134917230. The property is owned by Bella Linda LLC.

Highlights

  • $3,800,000 asking price for this special purpose property.
  • 10,032 square feet event center on a 10-acre lot in Oklahoma City, OK.
  • 6.22% cap rate with a price per square foot of $378.79.
  • Built in 2015, this single-story building features 100 parking spaces and a 16-foot ceiling height.
  • Includes all furnishings and inventory; current ownership will assist with the transfer of scheduled events through 2025.

Property Details for 11200 Eastern Ave

Property type
Specialty properties, Wedding venues
Square Feet
10,032 SF
Year Built
2015
Buildings
1
Stories
1
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Oklahoma City
County
Oklahoma
State
Oklahoma
Latitude
35.5843422
Longitude
-97.4769771
11200 Eastern Ave, Oklahoma City, Oklahoma

FAQs

What type of property is this?
Specialty property - Turn-key event venue, 10 acres.
Where is the specialty property located?
The property is located at 11200 Eastern Ave Oklahoma City, OK.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: $3,800,000 asking price for this special purpose property.; 10,032 square feet event center on a 10-acre lot in Oklahoma City, OK.; 6.22% cap rate with a price per square foot of $378.79.
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11200 Eastern Ave
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