Remarks

Major price improvement 7/22/25. Reduced by 200k.Take a look at this great investment or development opportunity. This site is in a high traffic area, just past Walmart on LA Hwy 494 (Keyser Avenue). This site features a successfully operating 6 screen movie theater, 4 theaters with stadium seating and two with sloped floor. All digital projection, 4 bathrooms. This theater has had the concession area fully updated in 2019. The original building has a new elastomeric roof, and several new roof mounted HVAC units. This is a turnkey operation. The current owner/operator is willing to possibly lease back the theater part of the property from the new owner.

The current structure is a cinder block building that could easily be converted to "box" stores

The site features 3.4 acres with a 19,500 sq. ft. heated building with 270 parking spaces. The current structure is situated so that a strip center could easily be added to the South side of the property with access to both Keyser Avenue and Parkway Drive. This property is ripe for development.

Details

MLS#: 2430159
Price: $1,775,000

Sq Ft: 19500
Year Built: 1985

County: Natchitoches