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Listing ID1124935
Price$575,000
Price/SqFt$66.55
StatusActive
SqFt 8,640
CountyGogebic
Year Built1970
Property TypeCommercial
Property Sub TypeBusiness Incl. Building
This business opportunity is a pivotal Rangeland source of family entertainment! Currently a four screen movie cinema with a two register concession stand, vestibule ticket sales area, Restrooms, first floor office space, and upstairs storage. The cinema was originally built in 1970 as a two screen movie theatre. In 1998, the building was remodeled to its current four screen theatre with an updated lobby. Other upgrades include an 8 year old Duralast roof, 10" fiberglass insulation in the ceiling, 4 NG furnaces-2 ton HVAC systems that are approx. 10 years old. The Southwest theatre is 40x40 and seats 179 plus multiple wheelchair accessible spots. The Southeast theatre is 30x40 and seats 92 with multiple wheelchair accessible spots. The Northwest theatre is 30x40 and seats 100 with multiple wheelchair accessible spots. The Northeast theatre is 30x30 and seats 80 with multiple wheelchair accessible spots. All theatres have fleck flooring. Fixtures that are included: projectors, popcorn machine, ice machine, cotton candy machine, popcorn warmer, nacho cheese warmer, seats, seat replacement parts, and office supplies. Building is on LEASED land which MAY be included with the purchase of this building and business.
© 2021 Upper Peninsula Multiple Listing Service. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of UPMLS. Real estate listings held by IDX Brokerage firms other than The Real Estate Store are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed. Data last updated: Thursday, December 2nd, 2021 02:31:49 AM. Listing courtesy of ELLEN WYSSLING with THE REAL ESTATE STORE.

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The Real Estate Store

527 N. Lake St
Ironwood, MI 49938
Phone: 9069325406
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