122 W MAIN ST, Elmwood, IL 61529
122 W MAIN ST, Elmwood, IL 61529
122 W MAIN ST, Elmwood, IL 61529
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Listed by EileenA Huber • Jim Maloof Realty, Inc.
$195,000
Est. payment /mo
4,000 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $48

MLS Listing ID PA1265029

Annual Tax Amount $2,728

Tax Year 2024

Property Sub-Type Commercial

Source rmlsa

Property 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.

Location

State IL

County Peoria

Area Paar Area

Zoning Commercial

Direction IL-8 W, left on N Magnolia Street, right onto W Main St

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Flooring Carpet, Wood

Fireplace N

Exterior

Utilities Available Water Available

View true

Roof Type Membrane

Garage 1

Building

Building Description Brick,Block,Frame, Other,Wireless Internet

Faces IL-8 W, left on N Magnolia Street, right onto W Main St

Sewer Public Sewer

Water City Water/Connected, Municipal/City

Structure Type Brick,Block,Frame

Others

Tax ID 11-07-435-001


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Janet Arns

Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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