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Movie Theater Conversion Opportunity
For Sale
$220,000

146 1st Ave S, Perham, MN 56573

Currently operating movie theater with a wide-open interior suited for flexible retail, dining, events, or mixed use.

Property SizeContact for details
Days on Market68

Property Features for 146 1st Ave S

General Information

Standard status Active

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $2,658
Listing Agency: eXp Realty
Listed By: Stephen Sweere
Source: Exprealty
Added: Jul 4 Changed: Sep 2 Last Checked: Sep 8 at 11:29AM

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 eXp Realty

Investment Insights

Based on property information with market context.

This commercial building is currently operating as a local movie theater and offers a spacious, wide-open interior layout. With its flexible footprint, the property can support a range of new uses for the next owner, including retail and event-focused concepts, or continued operation as an entertainment venue.

Located at 146 1st Ave S in Perham, MN, the property sits in the heart of the city’s downtown district. The setting is geared toward pedestrian activity and downtown commerce.

For buyers seeking a versatile downtown building with an existing operating theater, the open plan provides a practical base for repositioning the space to match a new concept, subject to required approvals.

Key Highlights

  • Currently operating as a movie theater
  • Wide‑open interior layout offers flexibility for retail, dining, events, or mixed use
  • Located in the heart of downtown Perham, MN

Property Analytics

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.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Currently operating movie theater with a wide-open interior suited for flexible retail, dining, events, or mixed use.
Where is this theater & concert hall located?
The property is located at 146 1st Ave 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; Wide‑open interior layout offers flexibility for retail, dining, events, or mixed use; Located in the heart of downtown Perham, MN
More about this property
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