Charming Century Old Theater

Special Purpose for Sale
Catylist Listing ID: 30682473
Property Subtypes: Assembly/Meeting Place
Building Status: Proposed
Building Size (RSF): 4,500 SF
Gross Land Area: 0.07 Acres
Sale Price: $159,900
Ceiling: 14 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/2/2023

Overview / Comments

Invest in this charming 120 year old play house. This play house hosts the original seats, lobby way, and exterior columns with fine detail of the day. Current owner improved play house with permanent cushions to the original seating, modern sound and lighting equipment with rolldown screen for movies and presentations. Equipment not included in asking price, but is negotiable and can be removed if not needed by a buyer. Play house also has green room/make-up counter in lower level as well as several changing areas. Attic used for costume and prop storage. New water heater and new roof as of 2017.

Additional public parking lot one block west of property.

Additional Details

Nearest MSA: Indianapolis-Carmel-Anderson
County: Shelby
Tax ID/APN: 73-11-05-100-133.000-002
Zoning: BUSINESS CENTRAL
Property Located Between: W. Boardwalk & S. Tompkins
Property Visibility: Excellent
Largest Nearby Street: W. Broadway
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1900
Year Renovated: 2011
Roof Type: Gable
Construction/Siding: Wood Frame
Parking Type: Surface
Parking Description: Street parking only. Public parking lot one block west of property.
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: Business Central
Water Service: Municipal
Sewer Type: Municipal
Legal Description: ORIG T JACKSON 50X 66 LOT 3 16 S T OMPKINS SHELBY COMM THEATRE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,048 20,585 24,502
Median Age: 34.37 36.45 37.52
Households: 3,638 8,228 9,736
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