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27 S Cascade Ave - Fox Theatre

16,126 SF Sports & Entertainment Building Offered at $1,700,000 in Montrose, CO 81401

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Investment Highlights

Fixture of Historic Downtown
High Foot Traffic

Three Theater Rooms

Executive Summary

A longstanding fixture in the Montrose community, this theater has been in operation for almost 100 years. Now beginning the next phase of its life, this unique building seeks an individual looking to transform the purpose of the building or carry on its longstanding cinematic tradition. While the list price is for real estate only the trade fixtures and business are negotiable. Come explore this
one-of-a-kind ~18,325 sq ft building currently boasting 3 screening rooms (84 seat, 168 seat, and a 245 seat penthouse), 3 sets of men’s and woman’s restrooms, and snack bar/retail area. Zoned B-1 “Central Business” in the city of Montrose, this property additionally features an Opportunity Zone designation, allowing for prospective investors to reap the benefit of substantial tax breaks through deferred capital gains taxes.

Property Information Packet

Property Facts

Price	$1,700,000	Lot Size	0.21 AC
Price Per SF	$105	Building Size	16,126 SF
Sale Type	Investment or Owner User	No. Stories	2
Property Type	Sports & Entertainment	Year Built	1929
Property Subtype	Theater/Concert Hall	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,700,000
Price Per SF	$105
Sale Type	Investment or Owner User
Property Type	Sports & Entertainment
Property Subtype	Theater/Concert Hall
Lot Size	0.21 AC
Building Size	16,126 SF
No. Stories	2
Year Built	1929
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.