Historic Theater with Proscenium
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 Market10
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
(518) 639-4663
Source:
Signatureonerealtygroup
Added: Jul 26
Changed: Jul 30
Last Checked: Aug 3 at 1:41PM
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
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.
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
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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
