202 N Ashwood Ave - Specialty FOR SALE


Marietta, OK 73448
$299,900 USD
940-243-5478
202 N Ashwood Ave, Marietta, OK for Sale
$299,900 USD
Specialty - FOR SALE
1/16
null | Request Cap Rate

202 N Ashwood Ave
Marietta, OK 73448


HIGHLIGHTS

  • Flexible property accommodating weddings, events, or a continued vacation rental business.
  • Over 6,000 sq. ft. of developed outdoor venue space, including landscaped gathering areas.
  • Beautifully renovated 3-bedroom, 2-bath interior with modern finishes and updated systems.
  • Occupies an entire city block and includes an extra lot for future expansion or development.
  • Minutes from WinStar World Casino, Lake Murray State Park, and directly accessible from Interstate 35.

OVERVIEW

Own an entire city block in the heart of Marietta, Oklahoma, and unlock remarkable potential with this rare investment opportunity. Formerly a historic structure and now a beautifully restored venue, the property offers unmatched flexibility for investors or operators. Today, this stunning wood-frame landmark features an expansive outdoor area with more than 6,000 square feet set up for elegant events and gatherings, providing the perfect backdrop for weddings, corporate functions, and private celebrations. The property includes a fully renovated 1,920-square-foot interior configured with three bedrooms and two baths, blending vintage appeal with modern convenience. Rich details and authentic craftsmanship create a unique ambiance that resonates with guests. Beyond private events, the property presents multiple income streams, currently operating as a successful short-term rental and wedding destination grossing approximately $125 per night. Situated on 1.67 acres with an additional lot (Lot 4) included, this asset offers significant expansion opportunities for cabins, cottages, or further event amenities. Located just minutes from WinStar World Casino, Lake Murray State Park, and top-tier golf courses, it is an accessible and desirable destination for weddings and events year-round. The convenient location off I-35 allows easy access from both Oklahoma City and the Dallas–Fort Worth area, adding to its regional attraction.

FOR SALE DETAILS

PRICE

$299,900 USD

PRICE/SF

$156 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rusty Magnolia Event Venue & Stay LLC

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,502 SF

ZONING

R1

APN/PARCEL ID

1040-00-095-001-0-000-00

ASK ABOUT THIS PROPERTY

Cami Hobbs RileyCami's Elite and Riley & Co Real Estate GroupMore Info
940-243-5478

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Cami Hobbs RileyCami's Elite and Riley & Co Real Estate GroupMore Info
940-243-5478

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