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Movie Theater with Basement
For Sale
$220,000
Pending

146 1st Avenue S, Perham, MN 56573

Commercial Sale, Perham, MN

Property SizeContact for details
Lot Size0.08 Acres
Days on Market88

Property Features for 146 1st Avenue S

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business/Commercial
Rooms Basement
Subdivision Village/Perham
High school district Perham-Dent
Directions From Main street Go south on 1st ave.
Standard status Pending
APN 77000990103000
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2658

Utilities

Heating system Oil
Cooling system Central Air

Building Details

Year built 1910
Building materials Brick
Listing Agency: eXp Realty
Listed By: Stephen Sweere
Added: Jul 3 Changed: Sep 25 Last Checked: Sep 28 at 7:06AM
MLS# 7103692

Copyright © 2026 Northstar MLS. 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 brick movie theater is currently operating in downtown Perham. Built in 1910, the property includes a basement and sits on a 0.08-acre lot.

Oil heating and central air conditioning serve the building.

Key Highlights

  • Currently operating as a movie theater
  • 0.08‑acre lot in downtown Perham
  • Built in 1910

Property Analytics

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Current Use

Comet Theater Cinema

Suggested Use

Top Pick Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Garden Center HVAC Service Barber Shop

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

520
Businesses Nearby
15k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 60% Dining 30% Home Improvements & Furnishings 10%
SUBWAY Dining
4,311 visits/mo 0.5 miles
ARCO Shops & Services
4,296 visits/mo 0.1 miles
United Community Bank Shops & Services
2,754 visits/mo 0.1 miles
Mobil Shops & Services
1,726 visits/mo 0.2 miles
Ace Hardware Home Improvements & Furnishings
1,506 visits/mo 0.0 miles

Demographics for 56573, MN

7,066
Population
3,632
Households
1.9
Avg Household Size
42
Median Age
29%
College-Educated
91%
High-School Grad
137.5 sq mi
ZIP Area
51
Density / Sq Mi
$68,080
Median Household Income
$44,945
Median Earnings
$805
Median Rent
$256,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - The brick building dates to 1910 and has central air conditioning.
Where is this theater & concert hall located?
The property is located at 146 1st Avenue S Perham, MN.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Currently operating as a movie theater; 0.08‑acre lot in downtown Perham; Built in 1910
More about this property
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