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117 N College Ave

9,793 SF Sports & Entertainment Building Offered at $788,611 CAD in Newton, NC 28658

Investment Highlights

  • Movie Theater updated with digital projectors.
  • Town has other businesses to draw clients from.

Executive Summary

Movie Theater in the heart of Newton, NC This would be a great investment opportunity for someone that wants to own a little piece of history. The building has 3 active movie rooms with digital projectors, space next door to rent for a small business with its own store front. Then there is an unfinished loft upstairs that could be finished into a loft apartment or office overlooking N. College that also has its own entrance. Come watch a movie and enjoy some fresh popcorn and walk around charming Newton.

Property Facts

Price $788,611 CAD
Price Per SF $81 CAD
Sale Type Investment
Sale Conditions
Bulk/Portfolio Sale
  • Business Value Included
Property Type Sports & Entertainment
Property Subtype Theater/Concert Hall
Building Class B
Lot Size 0.16 AC
Building Size 9,793 SF
No. Stories 2
Year Built/Renovated 1945/2016

About 117 N College Ave , Newton, NC 28658

Cinema with unfinished loft and an extra retail/office space that could be rented to assist with funding. This is in the downtown Newton NC area. It is an operating theater with 3 first run movies showings. Has been updated to digital projectors. There is lots of opportunity with having extra space to lease.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3740130339900000
Land Assessment
$54,959 CAD
Improvements Assessment
$406,527 CAD
Total Assessment
$461,486 CAD

zoning

Zoning Code B-3 (Business)
B-3 (Business)
  • Listing ID: 31903283

  • Date on Market: 2024-05-23

  • Last Updated:

  • Address: 117 N College Ave, Newton, NC 28658

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