107 Main StGretna, VA 24557

  • Industrial properties
  • 0.18 AC
For Sale
$349,000 View listing

Property Details for 107 Main St

Lot size
0.18 AC
Zone code
TZ
Property type
Industrial properties
Property subtype
Other industrial properties
APN
2530-17-3423
APU
2530173423

Description

This exceptional investment opportunity presents a fully operational, 235-seat movie theatre located in the heart of Gretna, Virginia, at 107 N Main Street. Spanning 8,000 square feet on a 0.16-acre lot, this property boasts a rich history and significant potential for continued success. The theatre underwent a complete renovation in 2006, encompassing a new roof, HVAC system, plumbing, and electrical infrastructure, ensuring modern functionality and efficiency. Beyond the main auditorium, the property includes a mezzanine seating area, perfect for additional seating or a VIP experience. A dedicated private room offers versatile space ideal for private parties or special events. The theatre is equipped with state-of-the-art projection and sound equipment, guaranteeing a high-quality viewing experience for patrons. This turnkey operation is ready for a new owner to step in and continue its legacy as a vital part of the Gretna community. The asking price for this unique property is $349,000. This presents a rare chance to acquire a well-maintained, established business with significant growth potential in a desirable location. The combination of historical charm and modern amenities makes this a truly exceptional investment opportunity. Serious inquiries are encouraged to explore this exciting prospect further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,341,532
    Hospitality
    $1,228,836
    Educational
    $1,022,377
    Medical
    $1,057,538
    Retail
    $1,590,365
107 Main St, Gretna, Virginia

Location Insight

City
Gretna
County
Pittsylvania
State
Virginia
Latitude
36.9526
Longitude
-79.3609
CBSA code
19260
CBSA name
DANVILLE, VA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,884
$19,100
$317,400
$336,500
-
$19,100
$317,400
$336,500

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