$58,000
↓ $5K (7.9%)
●
Commercial -
For Sale
230 E. Main Street
Olney, IL 62450
Studio
4 Baths
8000 Sqft
$344
Estimated Monthly
$0
HOA / Fees
13.54%
Cap Rate
About This Property
The 1920's iconic and historic building of the Arcadia Theater is
now available. This 3 screen theater has one main screen and two
smaller screens that were added later. The main screen auditorium
has 396 Seats, One of the smaller screens has 92 seats and the
other has 64. This building still has gorgeous features such as
curved staircases, ornate mirrors, light fixtures, and art deco
decor and flair. The upper level balcony is accessible by stairs
and there are bathrooms on upper level as well as lower.
There are seat covers for the seating. The front marquee sign
lighting has been restored and is operational. While the 8,000 +/-
Sq Ft building needs work, it is an excellent opportunity to
restore for a multitude of possibilities, such as, remaining a
movie theater, converted to a restaurant, banquet hall, community
theater, office, or so much more. Property being sold "AS IS WHERE
IS"
The manager has listed the unit size as 8000 square feet.
The manager has listed the unit size as 8000 square feet.
Unit Size
8,000Ft²
Days on Market
154 days
Land Size
0.20 acres
Price per sqft
$7
Property Type
Commercial
Property Taxes
$58
HOA Dues
-
Year Built
-
Listed By
Last updated: 3 months ago (NYSMLS #11227815)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 1, 2024 | Price Decreased |
$58,000
↓ $5K
(7.9%)
|
|
Price Decreased | |||
Dec 4, 2023 | Listed by AMY LEE REALTY LLC | $63,000 | |
Listed by AMY LEE REALTY LLC |
Property Highlights
Air Conditioning
Interior Details
Basement Information
Basement
Exterior Details
Exterior Information
Brick
Masonry
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|