Historic Downtown Theater and
For Sale
$850,000
131 E Main Street, Forest City, NC 28043
15,359 SF building in historic downtown Forest City.
Property SizeContact for details
Days on Market490
Property Features for 131 E Main Street
General Information
Standard status
Active
Building Details
Year Built
1929
Listing Agency:
LIKEWISE COMMERCIAL REAL ESTATE
Listed By:
STACY WHEELER
Source:
Corcoran
Added: May 13, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 LIKEWISE COMMERCIAL REAL ESTATE
Investment Insights
Based on property information with market context.
Located on Main Street in historic downtown Forest City, this 15,359 square foot building is situated in the C-1 district. Constructed in 1929, this building, formerly the Romina Theater, features vaudeville and movies. The property is currently vacant and suitable for retail, office, gallery, or event space. The main level offers 4,939 square feet, large display windows, a storage room, and a freight elevator. The upper level, accessible separately, provides space for events, galleries, or theaters. The upstairs features 19.25-foot ceilings, original hand-painted designs, a curved proscenium arch, original stamped tin tiles, and ornate lighting fixtures. Rutherford County is located in the foothills of Western North Carolina, approximately one hour from Asheville, Charlotte, and Greenville/Spartanburg.
Key Highlights
- Largest building in historic downtown Forest City with high visibility on Main St.
- Versatile space suitable for retail, office, gallery, or event venue.
- Upper level with IMPRESSIVE 19'3" ceilings and separate access, ideal for revenue‑generating events or gallery.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28043, NC
20,183
Population
9,356
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
84%
High-School Grad
66.3 sq mi
ZIP Area
304
Density / Sq Mi
$41,746
Median Household Income
$29,909
Median Earnings
$744
Median Rent
$176,100
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - 15,359 SF building in historic downtown Forest City.
Where is this storefront property located?
The property is located at 131 E Main Street Forest City, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Largest building in historic downtown Forest City with high visibility on Main St.; Versatile space suitable for retail, office, gallery, or event venue.; Upper level with IMPRESSIVE 19'3" ceilings and separate access, ideal for revenue‑generating events or gallery.
