1050 Parkside Main - Movie Theatre FOR SALE


Greensboro, GA 30642
$5,990,000 USD
706-816-1112
1050 Parkside Main, Greensboro, GA for Sale
$5,990,000 USD
Movie Theatre - FOR SALE
1/48
null | Request Cap Rate

1050 Parkside Main
Greensboro, GA 30642


HIGHLIGHTS

  • High Income Resort/Recreational Area with a Huge Tourism Draw
  • Area is seeing tremendous growth - over 6000 houses planned
  • Don't miss your opportunity to own a major landmark in the Lake Country
  • Host game nights, themed movie nights, concerts or conferences
  • Plenty of room to add additional activities such as Laser-Tag, VR courses, Bowling, Pickle Ball, or Arcade Games
  • The property could be converted into a large box user, office complex, or mixed use with multi-family included

OVERVIEW

Don’t miss out on this opportunity to own a major landmark in the Lake Country and secure a place centered in Lake Oconee’s growth for years to come! Parkside Main 8 Movie Theater is located next to Publix in the rapidly growing Lake Oconee market. Featuring over 50,000 SF on 4.31 acres in Lake Oconee Village, this open and fully operational 8 cinema theater has 915 theater seats over two levels AND all FFE is included in the sale! Continue to operate as a theater, add additional entertainment and food options, or redevelop into one of the many other allowed uses in this flexible mixed-use zoned property. The main level features 36’ ceilings in the impressive entry with expansive floor to ceiling windows overlooking the courtyard of Parkside Main. The atrium style entry has the ticketing and concession counter that connects to a full-service kitchen. The kitchen location allows for easy access to the concession counter, the theaters via a pass-through serving area along the hallway and a dumbwaiter provides food access to the second level. The second level, accessible by elevator or open stairs, leads to a full bar with seating, 2 private event rooms and balcony access seating for all 8 theaters. Customer restrooms are located on both floors. This versatile building opens up a world of possibilities. Let your creativity run free as you explore adding additional entertainment options such as Laser-Tag, VR courses, Bowling, Pickle Ball, or Arcade Games. Expand the menu and utilize the full kitchen to provide a full lunch and dinner service. There are so many growth opportunities. Located at the entrance of Reynolds Lake Oconee, Lake Oconee Village is a 600-acre master-planned mixed-use development with a variety of shops and professional services in one convenient location. With nearly 100 active businesses, Lake Oconee Village provides a true mixed-use environment offering everything from entertainment and boutique shopping to a wide variety of dining options.

FOR SALE DETAILS

PRICE

$5,990,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.38 AC

LAND SF

190,836 SF

ZONING

CPUD

APN/PARCEL ID

056-F-00-010-0

ASK ABOUT THIS PROPERTY

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706-816-1112

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706-816-1112

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