7711 Main St - Movie Theatre FOR SALE


Midvale, UT 84047
$1,700,000 USD
801-259-2355
7711 Main St, Midvale, UT for Sale
$1,700,000 USD
Movie Theatre - FOR SALE
1/16
null | Request Cap Rate

7711 Main St
Midvale, UT 84047


HIGHLIGHTS

  • 7,000 sf. Historic Bldg. 3 Levels - Flexible Uses - Theater & Concert Hall - Offices - Rehearsal Rooms Full Stage Control Room on 2nd Level
  • Located on Historic Midvale Main St. with RDA and CDA grants, incentives available for building improvements
  • Full Kitchen on Main floor with commerical sink and floor drains abutting concession area
  • 2 Blocks West of I-15 freeway at the Junction of Historic Main St. and Center St.
  • Liquor and Beer License available
  • Located in Federal Opportunity zone, & Midvale City RDA & CDA zones

OVERVIEW

The Midvale Theater building can host a wide variety of performing arts, public and private events, concerts, movies and more with full box office, kitchen and concession area. The building also and has 3rd level office space that can operate separately from the theatre. The building could also be repurposed for a wide variety of uses.Located at the junction of historic Midvale Main Street and Center St. just 2 blocks West of I-15 and in the Federal Opportunity zone and Midvale City RDA area. Buildings in this area also qualify for the Main Street Façade Improvement Program. Midvale Historic Main St. RDA area will see massive redevelopment, re-purposing and growth over the next few years and is an excellent option for real estate investment and development in the Salt Lake Valley. City RDA money is being heavily allocated to this area, for building improvements, renovations, mixed use development and apartments, and off- street parking structures for public use. Four mixed use apartment projects are currently under construction or planned for the Midvale Historic Main St. with over 112 residential units being built with commercial tenant space available on ground level. Midvale City Hall and Senior Center are within short walking distance. Full Building Matterport 3D floor plans available on request. Please contact Camron Carpenter with questions, or to set a tour time.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$243 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1938

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

2000

APN/PARCEL ID

21-25-353-010-0000

ASK ABOUT THIS PROPERTY

Camron CarpenterWindermere Real Estate-UtahMore Info
801-259-2355

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Camron CarpenterWindermere Real Estate-UtahMore Info
801-259-2355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.