1820 Alabama St Movie Theater/ Development Deal WI

Movie Theater & House on 187,000 Sq FT property 4 Sale - A cinematic Investment Opportunity! Enjoy the best of both worlds with this rare commercial deal presenting an operating 6-screen movie theater alongside a residential property in Sturgeon Bay, Wisconsin.

Offered at $2,450,000, this unique property boasts a 29,000 sq. ft. cinema complex and a 720 sq. ft. house on expansive land. Financially sound, this investment yields a consistent annual revenue of $593,172 with an attractive net operating income of $66,091. The theater, built in 1945, features modern screening rooms, updated amenities, and plentiful parking for patrons.

The residential property provides additional rental income opportunities or accommodation for an owner/manager, emphasizing versatility. With recent roof updates on both buildings, this turnkey investment also offers potential for further development, ensuring a promising return on investment.

Don't miss out-seize your chance to own this established entertainment hub and profitable real estate in Sturgeon Bay!