Updated Popular Movie Theatre

Summary Information

Price:
Total Sales:

FF&E:

Listing Status:

$550,000

$109,105

$228,889

Sold

Summary

Description:

The theatre was built in 1935 as a single screen cinema accommodating over 700 movie-goers. In the late 1970’s, the theatre underwent a major remodeling, including the conversion from a single screen to a two-screen venue.

In1986 the theatre underwent another considerable remodeling, converting the balconies of the two cinemas into two addition screens - for a total of four screens.

The four theatres now seat 155, 153, 102 and 97 movie goers. All four theatres have been converted to digital NEC with Dolby 5.1 surround. The balcony screens are poised for upgrade to tables

Inventory ranges from $5,000 to $15,000 and is NOT included in the asking price.

School Hours M-Th 4:30-9 F 4:30-11 Sat 11:30-11:00 Sun 11:30-9:00

Holiday Hours M-Th 11:30-9 F 11:30-11 Sat 11:30-11:00 Sun 11:30-9:00

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607

Summary Information

Price: $550,000
Total Sales: $109,105

FF&E: $228,889

Listing Status: Sold

Summary

Description:

The theatre was built in 1935 as a single screen cinema accommodating over 700 movie-goers. In the late 1970’s, the theatre underwent a major remodeling, including the conversion from a single screen to a two-screen venue.

In1986 the theatre underwent another considerable remodeling, converting the balconies of the two cinemas into two addition screens - for a total of four screens.

The four theatres now seat 155, 153, 102 and 97 movie goers. All four theatres have been converted to digital NEC with Dolby 5.1 surround. The balcony screens are poised for upgrade to tables

Inventory ranges from $5,000 to $15,000 and is NOT included in the asking price.

School Hours M-Th 4:30-9 F 4:30-11 Sat 11:30-11:00 Sun 11:30-9:00

Holiday Hours M-Th 11:30-9 F 11:30-11 Sat 11:30-11:00 Sun 11:30-9:00

LISTING BROKER

Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Jeff Snell, CM&AP, M&AMI, LCBI, ABI
REAL ESTATE TRANSACTION HANDLED BY

2009 Caminos Drive
Raleigh, NC 27607