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Historic Theater and Bar Property
For Sale
$250,000

114 S Austin, Ranger, TX 76470

COMMERCIAL - Ranger, TX

Lot Size0.36 Acres
Days on Market149

Property Features for 114 S Austin

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking features Parking Lot, On Street
Security features Security
Subdivision Ot Ranger
Lot features Corner Lot
Directions Good GPS, Sign on Property
Standard status Active
APN 0052650
Lot size 0.36 Acres

Taxes and HOA fees

Tax Annual Amount 4500

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 1
Flooring type Concrete
Building materials Brick, Block, Concrete, Plaster, Rock, Stone, Stucco
Roof type Flat, Synthetic
Listing Agency: South Gate Realty, LLC
Listed By: Mark Degano · License #0749433
Added: Mar 3 Changed: Jul 27 Last Checked: Jul 30 at 11:06PM
MLS# 20874142

Copyright © 2026 North Texas Real Estate Information Systems, 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.

This historical property includes a theater hall with a stage and stage lighting, plus a commercial kitchen positioned between the bar and theater room. The main floor is built around bar and entertainment space, featuring a wraparound bar, pool tables, and an expansive area with its own entrance. Upstairs, a lighted staircase leads to a second-story catwalk overlooking the theater hall, and to residential quarters with three bedrooms, two full baths, living and dining areas, a kitchen, an electric fireplace, and a balcony overlooking the courtyard below. The property also includes a courtyard with a full-service bar attached to the indoor bar area and a fire escape staircase.

The building is located on a corner lot, providing off-street parking and room for possible expansion. It also reflects its entertainment legacy, having opened in 1920 as the Lone Star Theatre and renamed Columbia Theatre by 1941, with operation by Paramount Pictures Inc.

For a buyer or operator, the mix of theater, bar, and kitchen space supports hospitality and entertainment use, while the second-floor living quarters offer an on-site option for staff or owner-occupancy. The layout provides clear separation between the theater experience, the bar areas, and the residential rooms, which can be useful for adaptive reuse scenarios where applicable.

Key Highlights

  • Historical building in Ranger, TX opened as the Lone Star Theatre in 1920; renamed Columbia Theatre by 1941
  • Roof is synthetic with a flat roof, and exterior materials include brick, block, concrete, plaster, rock, stone, and stucco
  • Central heating and central air; ceiling fans throughout; flooring is concrete

Property Analytics

Current Use

Theaters & concert halls

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store (Bike/Boat/Book/etc) Store Pharmacy Building Supply

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

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 61% Shops & Services 39%
Shoppin Baskit & Ace Hardware Home Improvements & Furnishings
3,957 visits/mo 0.4 miles
Conoco Shops & Services
2,578 visits/mo 0.5 miles

Demographics for 76470, TX

3,072
Population
1,731
Households
1.8
Avg Household Size
43
Median Age
15%
College-Educated
80%
High-School Grad
268.0 sq mi
ZIP Area
11
Density / Sq Mi
$38,523
Median Household Income
$28,478
Median Earnings
$735
Median Rent
$64,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Historic theater building with a full bar setup, commercial kitchen, stage lighting, and on-site residential quarters.
Where is this theater & concert hall located?
The property is located at 114 S Austin Ranger, TX.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Historical building in Ranger, TX opened as the Lone Star Theatre in 1920; renamed Columbia Theatre by 1941; Roof is synthetic with a flat roof, and exterior materials include brick, block, concrete, plaster, rock, stone, and stucco; Central heating and central air; ceiling fans throughout; flooring is concrete
More about this property
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