11200 N Eastern Ave Oklahoma City, OK 73131
- Wedding venues
- 10,032 SF
- 10.00 lot acres
Current Use by Public Records
- The Montellano Event Center / Event Venue
Property Details for 11200 N Eastern Ave
- Year built
- 2015
- Lot size
- 10.00 lot acres
- Property size
- 10,032 SF
- Property type
- Wedding venues
- APN
- R134917230
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oklahoma City
- County
- Cleveland
- State
- Oklahoma
- Longitude
- -97.4769771
- Latitude
- 35.5843422
