870 Mallory Pky - Movie Theatre FOR SALE


Franklin, IN 46131
$4,500,000 USD
317-607-0884
870 Mallory Pky, Franklin, IN for Sale
$4,500,000 USD
Movie Theatre - FOR SALE
1/8
null | Request Cap Rate

870 Mallory Pky
Franklin, IN 46131


HIGHLIGHTS

  • Former Canary Creek Cinema for sale or lease
  • 9.28 AC with paved parking
  • Excellent Retail Location Near Kroger, Kohls, Walmart and Schools
  • Flexible MXC Zoning

OVERVIEW

This iconic neighborhood movie theater complex, a community staple for over 24 years, is now available for sale or lease. The property features a total of 7 indoor movie screens and 2 outdoor drive-in screens, offering versatile entertainment options. The building spans 26,737 square feet and includes a bright, welcoming reception area. Situated on a 9.28-acre lot, the property boasts expansive, paved, and well-lit parking areas, providing ample space for customers. Strategically located behind a Kroger grocery store and Kohl’s shopping center, it benefits from strong nearby traffic. Additionally, the site is in close proximity to two local schools and Franklin College, further enhancing its visibility and accessibility. Conveniently positioned just off US 31 South, this property presents an exceptional opportunity for a variety of uses. Whether continuing as a local entertainment venue, transforming into a retail or trade school, or repurposing for business, healthcare, or a church campus, this property offers tremendous potential for growth and transformation.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$168 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Canary Creek Movie Complex

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

ADD'L SUBTYPES

Auto Dealership, Health Club, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

354

LAND DETAILS

LAND ACRES

9.28 AC

LAND SF

404,237 SF

ZONING

MXC

APN/PARCEL ID

41-08-15-014-001.021-009

ASK ABOUT THIS PROPERTY

Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

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Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

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