Description
Elmwood Theater presents a opportunity for buyers seeking an entertainment venue with strong community roots. This well-known local theater benefits from repeat customer traffic, brand recognition, and a loyal customer base, providing a solid operational foundation from day one. The business offers multiple revenue streams, including ticket sales, concessions, private rentals, and special event programming. Its efficient layout and manageable size allow for streamlined operations while still supporting growth through expanded showings, themed events, and partnerships with local organizations. Located in a convenient and accessible area with consistent visibility and and both on street parking availability and city owned parking lot, Elmwood Theater serves as a central entertainment hub within the community The property is well-suited for an owner-operator or investor. With increasing demand for local, experience-driven entertainment, Elmwood Theater offers significant potential.
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Available Sqft: 4000
General Information
County: Peoria
Listed By:
Jim Maloof Realty, Inc.
Mobile: 309-635-2633
RMLSA
MLS ID: PA1265029
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122 W Main Street, Elmwood, IL 61529.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $195,000 | $195,000 | $195,000 |
| Down Payment | $39,000 | $6,825 | $48,750 |
| Monthly Mortgage Amount | $923 | $1,148 | $1,195 |
| Taxes | $271 | $271 | $271 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $86 | $0 |
| Monthly Estimated Total | $1,294 | $1,605 | $1,566 |