Historic Theater with Proscenium
For Sale
$499,000
11 E Broadway, Salem, NY 12865
Commercial Sale, Salem, NY
Property Size6,479 SF
Lot Size0.61 Acres
Price / SF$77.02
Days on Market54
Property Features for 11 E Broadway
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
30
Interior features
High Speed Internet
Basement
Interior Entry, Full, Exterior Entry
Lot features
Road Frontage, Level
Elementary school
Salem
High school
Salem
Elementary school district
Salem
Middle school district
Salem
High school district
Salem
Directions
From Route 22 to Salem, turn right at the light, property is on the left
Standard status
Active
APN
534800 209.9-1-27
Size
6,479 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Annual Amount
6932
Utilities
Sewer type
Septic Tank
Heating system
Propane (Heating), Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1780
Flooring type
Hardwood
Building materials
Brick
Roof type
Slate
Listing Agency:
PennyDot Realty
(518) 677-2186
Listed By:
Penny M Spiezio · License #10311209105
(518) 321-9767
Added: Jul 27
Changed: Sep 12
Last Checked: Sep 18 at 8:06AM
MLS# 202622726
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Built in 1780, this 6,479-square-foot theater occupies 0.61 acres in Salem, New York, with commercial zoning and a brick exterior beneath a slate roof. The facility includes a professional proscenium stage, secondary black box space, backstage dressing rooms, lobby, administrative areas, audience seating, and two bathrooms. Hardwood flooring, central air, forced-air and propane heating, high-speed internet, public water, and septic service are also in place.
The venue has undergone capital improvements since 2020 and has hosted approximately 30,000 patrons since 2021 through year-round monthly events. Theater equipment and operational assets are included. Existing programming and layout support live theater, concerts, comedy, lectures, educational programming, weddings, private events, community gatherings, nonprofit organizations, and houses of worship. The property is within reach of New York's Capital Region, Southern Vermont, the Berkshires, and Saratoga Springs.
The venue has undergone capital improvements since 2020 and has hosted approximately 30,000 patrons since 2021 through year-round monthly events. Theater equipment and operational assets are included. Existing programming and layout support live theater, concerts, comedy, lectures, educational programming, weddings, private events, community gatherings, nonprofit organizations, and houses of worship. The property is within reach of New York's Capital Region, Southern Vermont, the Berkshires, and Saratoga Springs.
Key Highlights
- 6,479‑square‑foot theater on 0.61 acres
- Built in 1780 with brick construction and a slate roof
- Professional proscenium stage and secondary black box space
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Theater & concert hall - Restored performing arts venue with a black box space, backstage rooms, and theater equipment included.
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: 6,479‑square‑foot theater on 0.61 acres; Built in 1780 with brick construction and a slate roof; Professional proscenium stage and secondary black box space
