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Indoor & Outdoor Theater Portfolio
For Sale
$565,000

192 S Central Avenue, Richland Center, WI 53581

COMMERCIAL - Richland Center, WI

Property Size10,398 SF
Lot Size20.92 Acres
Price / SF$54.34
Days on Market99

Property Features for 192 S Central Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Rooms Family Room
Interior features Public rest rooms, Signage available, Display window, Recreation facilities
Lot features Business district, Corner, Free standing
Directions 192 S Central Ave (indoor) and Hwy 14 across from Walmart (outdoor)
Subdivision RICHLAND CENTER - C
Standard status Active
APN 276-2100-1180
Size 10,398 SF
Lot size 20.92 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 78980

Building Details

Year built 1937
Number of units 1
Roof type Composition, Membrane
Listing Agency: Jon Miles Real Estate
Listed By: Jonathan Miles · License #5264690
Added: May 4 Changed: Aug 10 Last Checked: Aug 10 at 7:06PM
MLS# 2019731

Copyright © 2026 REALTORS® Association of South Central Wisconsin. 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 offering brings together a downtown indoor venue and an outdoor theater along Hwy 14. The downtown building contains two screens with seating for 119, an upstairs office/apartment area, substantial storage, and a separate office at the west end that is currently leased. The property also includes an indoor concessions area, public restrooms, signage, display windows, and a theater equipment room.

The outdoor theater includes parking for up to 250 vehicles and additional room for walk-in patrons. Updated equipment at both locations is included, excluding concessions inventory. Combined property data reports 10,398 square feet across 20.92 acres. The property is zoned Commercial, with a 1937 year built designation and composition and membrane roofing.

Key Highlights

  • Two theater locations: a downtown indoor venue and an outdoor theater along Hwy 14
  • Indoor theater has two screens with seating for 119
  • Outdoor theater provides parking for up to 250 vehicles plus walk‑in space

Property Analytics

Current Use

Theaters & concert halls

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Parking Lot & Garage Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility

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

2
Office units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

540
Businesses Nearby

Demographics for 53581, WI

10,024
Population
5,012
Households
2
Avg Household Size
45
Median Age
21%
College-Educated
92%
High-School Grad
232.4 sq mi
ZIP Area
43
Density / Sq Mi
$59,630
Median Household Income
$38,854
Median Earnings
$722
Median Rent
$180,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Two theater venues combine indoor screening, outdoor entertainment, office space, storage, concessions, restrooms, and on-site parking.
Where is this theater & concert hall located?
The property is located at 192 S Central Avenue Richland Center, WI.
What is the asking price?
The asking price for this property is $565,000.
What are key features of this property?
This property features: Two theater locations: a downtown indoor venue and an outdoor theater along Hwy 14; Indoor theater has two screens with seating for 119; Outdoor theater provides parking for up to 250 vehicles plus walk‑in space
More about this property
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