3500 N Coltrane Rd - Specialty FOR SALE


Forest Park, OK 73121
$2,350,000 USD
405-250-9596
3500 N Coltrane Rd, Forest Park, OK for Sale
$2,350,000 USD
Specialty - FOR SALE
1/13
null | Request Cap Rate

3500 N Coltrane Rd
Forest Park, OK 73121


OVERVIEW

Historic and Charming venue and operating business for sale. Located in Forest Park this property feels very secluded but is only minutes away from all that OKC has to offer. Situated on 13 pristine and wooded acres with a private lake, this property brings dreams to reality for those seeking to own and operate a venue business. With several private suites this could offer a flexible space for weekend events or out of town guests. Any bride would dream about getting married lakeside on the private dock or have an intimate setting in the 100 seat chapel. Additionally, there is ample opportunity to develop the additional lakeside lots for more venue space or even luxury lakeside rentals for additional income streams. Don't miss this opportunity to own a piece of historic charm while operating a flourishing business. Beyond the stunning venue and business already in operation, this property offers unparalleled opportunity for expansion with the addition of luxury lakeside cottages. Approved for the development of up to 10 cottages, each spanning 2,000 square feet, this enhancement positions the venue as a one-of-a-kind event destination. These versatile rentals open the door to diverse revenue streams, catering to nightly stays for AirBnB rental and similar platforms, accommodations for large family gatherings or group events, or stay-and-play experiences for guests enjoying nearby premier golf courses. The addition of these lakeside retreats would elevate the property to a new level of distinction, offering unmatched flexibility and appeal while significantly boosting its income potential. This development opportunity is what will set this venue apart, making it a landmark as well as a lucrative investment.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$246 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Venue at Forest Lake

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13 AC

LAND SF

566,280 SF

ZONING

-

APN/PARCEL ID

141155005

ASK ABOUT THIS PROPERTY

Brock LyttonMoriah Real Estate CompanyMore Info
405-250-9596

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Brock LyttonMoriah Real Estate CompanyMore Info
405-250-9596

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.