$320,000
$529,000
39.5%For more information regarding the value of a property, please contact us for a free consultation.
210 W Houghton AVE West Branch, MI 48661
8,457 SqFt
Key Details
Sold Price $320,000
Property Type Commercial
Sub Type Business Opportunity,Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 8,457 sqft
Price per Sqft $37
MLS Listing ID 219052958
Sold Date 11/13/20
Originating Board Realcomp II Ltd
Year Built 1936
Annual Tax Amount $9,344
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions BUSINESS ONLY
Property Description
Updated with digital projection and sound technology, this historic 3-screen theatre is available for sale. The current owners are hoping to retire after owning for over 30 years, but willing to support and train new ownership. 2 theatres operate on the first floor. The second floor has the 3rd screen, and includes 2 vacant apartments/office which could be renovated for an additional income stream. The theatre is currently an all cash business, but value can be added by allowing credit/debit card use. Showtimes are 7pm nightly ($7 ticket price) with 2pm matinees ($5 ticket price) on Wednesdays, Saturdays, and Sundays. An ice cream shop on street level could also be reopened for seasonal revenue upside. This is your chance to own an operate a charming theater in the beautiful town of West Branch!
Location
State MI
County Ogemaw
Area West Branch
Zoning Commercial
Direction West Houghton Avenue, between 2nd and 3rd Streets
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Road Frontage Paved
Building
Foundation Slab
Sewer Sewer-Sanitary
Water Municipal Water
Level or Stories 2 Story
Structure Type Wood
Schools
School District West Branch-Rose City
Others
Tax ID 05210701150
Ownership Private Owned,Short Sale - No
SqFt Source 8457
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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