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Historic Theater with Proscenium Stage
For Sale
$499,000

11 E Broadway, Salem, NY 12865

Historic theater featuring a proscenium stage, secondary black box space, and operational performance facilities.

Property Size6,479 SF
Price / SF$77.02
Days on Market195

Property Features for 11 E Broadway

General Information

Standard status Active
Size 6,479 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 1780
Listing Agency: PennyDot Realty
Listed By: Penny M Spiezio · License #10311209105
Source: Signatureonerealtygroup
Added: Apr 22 Changed: Nov 1 Last Checked: Nov 1 at 6:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PennyDot Realty

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Investment Insights

Based on property information with market context.

Fort Salem Theater is a pre-revolutionary, historic performing arts venue built in 1780, offered with approximately 6,479 sq ft. The property has been fully operational and has benefited from restorations and improvements since 2020, combining historic character with modern functionality.

Interior features include a professional proscenium stage, a secondary black box space, backstage dressing rooms, a lobby, administrative space, and extensive theater infrastructure. A substantial inventory of theater equipment and operational assets is included with the sale, supporting continued operations from day one.

Since 2021, the theater has welcomed around 30,000 patrons through year-round, monthly events. While particularly suited for live theater productions, the venue also lends itself to concerts, comedy performances, lectures, educational programming, weddings, private events, community gatherings, nonprofit organizations, houses of worship, and other assembly uses.

Key Highlights

  • Approximately 6,479 sq ft historic theater built in 1780
  • Restored and improved since 2020 with the theater fully operational
  • Professional proscenium stage plus secondary black box space

Property Analytics

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Current Use

Fort Salem Theater Theater & Performing Art Venue

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Real Estate Agency Bakery Auto Repair Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 12865, NY

3,394
Population
1,654
Households
2.1
Avg Household Size
47
Median Age
28%
College-Educated
90%
High-School Grad
72.3 sq mi
ZIP Area
47
Density / Sq Mi
$70,868
Median Household Income
$36,257
Median Earnings
$952
Median Rent
$170,300
Median Home Value
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Historic theater featuring a proscenium stage, secondary black box space, and operational performance facilities.
Where is this theater & concert hall located?
The property is located at 11 E Broadway Salem, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Approximately 6,479 sq ft historic theater built in 1780; Restored and improved since 2020 with the theater fully operational; Professional proscenium stage plus secondary black box space
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