11200 Eastern AveOklahoma City, OK 73131

Property Details for 11200 Eastern Ave

Year built

2015

Lot size

10.00 AC

Property size (Sq ft)

10,032 SF

Property type

Specialty properties

Property subtype

Wedding venues

Description

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.

Location Insight

City

Oklahoma City

County

Oklahoma

State

Oklahoma

Latitude

35.5843

Longitude

-97.477

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