Minnesota
Small-town movie theater with 4 apartments above lists for $1M
It’s present time!
A small-town three-screen movie show that comes with 4 flats above — and even some retail house — has hit the marketplace for $1 million.
Positioned in Hutchinson, Minnesota, an hour outdoors of downtown Minneapolis, the distinctive itemizing stands on 3 acres.
The flats, described as “luxurious suites,” include one bed room, one rest room and laundry.
“The sellers purchased it years in the past when it was in actually tough form,” Jenna Vikse with Jane Vikse Actual Property advised The Publish. “He stated there was an entire within the ceiling the dimensions of a Volkswagen.”
“They re-did the whole constructing and constructed flats above the one smaller theater and above the foyer,” Vikse stated. “It has three screens in it and the very best popcorn round. Wonderful property! 3-car storage too!”
Constructed again in 1937, the constructing’s two retail areas presently home a hair salon together with a 1,600-square-foot unfinished vacant space, which is briefly getting used as a cupboard space.
“It could possibly be a wonderful retailer entrance, theater enlargement or bonus space of your alternative,” the itemizing notes.
In complete, the property spans roughly 12,500 sq. ft.
The customer has the choice of residing within the flats and renting out the others, making this a major industrial actual property funding, along with the income the movie show generates.
Different options embody an elevator and a rooftop deck.
Hutchinson is named a rising city resulting from its proximity to the town and people who find themselves drawn to the small-town allure.