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Five-Screen Cinema Property
For Sale
$1,495,000

1651 Highway O, Gravois Mills, MO 65037

SINGLE_FAMILY - Gravois Mills, MO

Property Size24,000 SF
Lot Size10.68 Acres
Price / SF$62.29
Days on Market135

Property Features for 1651 Highway O

General Information

Property type Residential
Property subtype Office
Zoning C-1
Parking 120
Lot features Gentle Sloping, Level, Manufactured Home Pad
Directions From the O Road intersection on Hwy 5 in Laurie travel 3.1 miles until you see the Cinema and business complex on the right.
Subdivision K
Standard status Active
APN 205015400001016000
Size 24,000 SF
Lot size 10.68 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Morgan County parcel numbers 205015400001016000 and 205015300001075002 totally approx. 10.68 acres according to county records. Full legal to govern.
Tax Annual Amount 23348
Legal Description Morgan County parcel numbers 205015400001016000 and 205015300001075002 totally approx. 10.68 acres according to county records. Full legal to govern.

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating)
Cooling system Central Air
Water source Public

Amenities

city sewer
electric
Co-Mo fiber optic internet

Building Details

Year built 1998
Building materials Block
Roof type Flat
Listing Agency: Weichert, Realtors(R) - Laurie Realty
Listed By: Billy Boulden DR · License #2018004165
Added: Mar 24 Changed: Aug 4 Last Checked: Aug 5 at 11:06PM
MLS# 3585096

Copyright © 2026 Bagnell Dam Association of Realtors. 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 theater and entertainment property spans 10.68 acres and includes an established five-screen cinema, multiple retail spaces, a restaurant location, and a standalone ATM tenant. The level site provides multiple pad locations for future expansion, with 100+ parking spaces, block construction, a flat roof, central air, forced-air and electric heating, public water, and public sewer. Cinema business operations and equipment are excluded from the offering.

The property has approximately 1,200 feet of frontage along Hwy O and is positioned across from a golf course. Co-Mo fiber optic internet is available, and city water is scheduled to come in April 2026. The seller will provide a five-year lease for the cinema at closing. C-1 zoning applies to the property.

Key Highlights

  • 10.68‑acre theater and entertainment property
  • Established 5‑screen cinema anchors the site
  • Approximately 1,200 feet of frontage on Hwy O

Property Analytics

Current Use

VIP Lake West ... Cinema Lake Life Property ... Vacation Rental Photographic Artistry and Images Wedding Service

Suggested Use

Top Pick Plumbing Service Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom Accounting Firm Restaurant

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

18
Businesses Nearby

Demographics for 65037, MO

4,732
Population
5,426
Households
0.9
Avg Household Size
59
Median Age
20%
College-Educated
91%
High-School Grad
79.2 sq mi
ZIP Area
60
Density / Sq Mi
$66,404
Median Household Income
$33,221
Median Earnings
$791
Median Rent
$250,300
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Cinema-centered commercial property with retail, restaurant, parking, and expansion-pad components on level ground.
Where is this theater & concert hall located?
The property is located at 1651 Highway O Gravois Mills, MO.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 10.68‑acre theater and entertainment property; Established 5‑screen cinema anchors the site; Approximately 1,200 feet of frontage on Hwy O
More about this property
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