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$ 365,000
Est. payment /mo
New
114 S Cedar Street Manistique, MI 49854
10,018 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 50222823
Year Built 1973
Annual Tax Amount $6,340
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 50x204.5x50x204.5
Property Sub-Type Business
Property Description
Lights! Camera! Opportunity! Here's your chance to own a longtime Manistique entertainment destination and step into an established, turnkey cinema business with the added bonus of on-site living accommodations. A staple of the community since the 1970s, this two-screen cinema underwent an extensive remodel in 2015, creating an updated, efficient layout while preserving the hometown movie-going experience generations of local residents have enjoyed. The two theaters offer seating for approximately 143 and 72 guests and are equipped with digital projection and audio systems for a quality viewing experience. From the ticket area, guests enter a spacious lobby and concession area—complete with that unmistakable fresh-popcorn aroma—before heading into the theaters with upgraded, comfortable seating. Equipment and contents are included with the sale, offering a tremendous opportunity for a new owner to step in and continue operating an established business. And the possibilities extend well beyond regularly scheduled movies. Private screenings, birthday parties, group events, special programming, late shows and other creative uses offer additional opportunities to grow the business and make the space your own. Adding even more value is a separate 2-bedroom, 1-bath apartment located directly behind the cinema, creating a unique live-and-work opportunity (furniture in apartment sold separately). This is more than a commercial property—it's an opportunity to take the reins of a recognizable hometown business, become part of the Manistique community, and build upon a tradition that has been entertaining moviegoers for decades. The marquee is ready for its next chapter!
Location
State MI
County Schoolcraft
Area Manistique (77009)
Zoning Commercial
Interior
Heating Forced Air
Cooling Central A/C
Exterior
Parking Features 11-20 Spaces, Municipal, On Site
Roof Type Metal
Building
Lot Description Cleared
Foundation Slab
Water Public Water
Structure Type Brick
Others
Ownership LLC
SqFt Source Estimated
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by GROVER REAL ESTATE