West Branch, MI 48661,210 W Houghton
West Branch, MI 48661,210 W Houghton
West Branch, MI 48661,210 W Houghton
8
$320,000
$529,000
39.5%
Est.Price: ?

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8,457 SqFt

210 W Houghton West Branch, MI 48661

Est. payment /mo
SOLD DATE : 11/13/2020

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Key Details

Sold Price $320,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 8,457 sqft

Price per Sqft $37

Subdivision Mi

MLS Listing ID 21613126

Sold Date 11/13/20

Annual Tax Amount $9,344

Lot Size 0.270 Acres

Acres 0.27

Lot Dimensions BUSINESS ONLY

Property Description

Updated with digital projection and sound technology, this historic 3-screen theatre is available for sale. The current owners are hoping to retire after owning for over 30 years, but willing to support and train new ownership. 2 theatres operate on the first floor. The second floor has the 3rd screen, and includes 2 vacant apartments/office which could be renovated for an additional income stream. The theatre is currently an all cash business, but value can be added by allowing credit/debit card use. Showtimes are 7pm nightly ($7 ticket price) with 2pm matinees ($5 ticket price) on Wednesdays, Saturdays, and Sundays. An ice cream shop on street level could also be reopened for seasonal revenue upside. This is your chance to own an operate a charming theater in the beautiful town of West Branch!

Location

State MI

County Ogemaw

Area West Branch (65019)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Waterfront No

Building

Foundation Slab

Structure Type Wood

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by GRI Homes For Today
Bought with GRI Homes For Today

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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