Address
11200 N Eastern Avenue, Oklahoma City, OK
Price
$ 4,000,000
Property Attributes
  • MLS#1073867
  • TypeCommercial
  • CountyOKLAHOMA
  • CityOklahoma City
  • Zip73131
  • Style
  • Price$ 4,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10032
  • Lot Size10 Acres
Data Source:
Oklahoma City Metro MLS (OKCAR)
Property Description

MOTIVATED SELLER !! The Montellano Event Center, a captivating turn-key facility nestled on 10 acres in Oklahoma City, offers a tranquil touch of Tuscany while hosting a wide range of social gatherings. The 10,000 square-foot center specializes in weddings -- both indoor and outdoor. It has also hosted wildly successful receptions, bridal/baby showers, birthday parties, graduations, proms, class and family reunions, retirement parties, holiday celebrations, business conferences, celebrations of life, plus watch parties, many of which have been shown on a retractable 12.5-foot-by-7.5-foot, high-definition screen. A well-situated bar with three serving counters and a large kitchen more than satisfy the lofty demands of the center’s popular bar and catering services. A 3,000 SF reception hall comfortably seats 200-250 for dining while the 2,700 SF (plus a 300 SF stage) ceremony room seats 300 for weddings. Amenities include a separate bridal suite and groom's room with their own on-suite changing areas and restrooms. A partially covered back patio area perfect for mingling and cocktails overlooks a breathtaking greenbelt outdoor ceremony site with its step-down tiered lawn and rock stairway. In the last five years, the Montellano has held 309 events, averaging 62 functions annually and drawing a total of 46,350 patrons (roughly 150 people per gathering). This success came despite the overwhelming challenges surrounding COVID. This thriving business includes the furnishings and inventory necessary to stage and expand the venture. Plus, there is plenty of private parking. The opportunities while serving as the venue’s new host are endless. NOTE: To fulfill their contractual obligations, current ownership is offering to assist with the transfer process of the sale by hosting all previously scheduled events. Bookings will continue to be accepted for events through 2024.

Price History
8/17/2023 Listed $4,000,000

General Features

Sewer Septic Tank
Construction Brick,Steel,Stucco
Parking Concrete Drive
Water Well,At Site With Pump
Zoning Commercial
Gas Y/N Public
Electric Public
Handicap Access Yes
Misc Features Curb and Gutters,Partially Wooded,Wellhouse
Sub Type Special Purpose
Terms of Sale Cash,Conventional

Interior Features

Cooling System Central Elec
Heating System Central Electric
Fire Sprinkler Wet

Exterior Features

Frontage Feet 954
Land Sq Ft 435600
Exterior Trim Brick,Stucco
Numberof Car Parking Spaces 100

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 73131

Price
AVG $1.55M
$4M
Visits
AVG 104
650
Data Provided by Inside Real Estate®
Year Built
AVG 2009
2015
Walkscore
AVG 28
2
Data Provided by Walkscore® not using MLS data

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