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Two-Location Theater Property
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 Market94

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 5 Last Checked: Aug 5 at 2:06PM
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 property combines a downtown indoor venue with an outdoor theater along Hwy 14. The indoor facility contains two screens with seating for 119, a concessions area, restrooms, an equipment room, and an upstairs office/apartment area with substantial storage. A separate office at the west end is currently leased.

The outdoor venue includes parking for up to 250 vehicles and additional room for walk-in patrons. Equipment at both locations is included, excluding concessions inventory. Combined property data includes 10,398 square feet across 20.92 acres. The downtown property is located at 192 S Central Avenue in Richland Center, with commercial zoning and updated roofing systems consisting of composition and membrane materials.

Key Highlights

  • Two theater locations: downtown indoor venue and outdoor theater on Hwy 14
  • Indoor theater includes two screens and seating for 119
  • Outdoor theater parking accommodates up to 250 vehicles

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

Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway 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
Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Indoor and outdoor venues include updated equipment, concessions, restrooms, and 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: downtown indoor venue and outdoor theater on Hwy 14; Indoor theater includes two screens and seating for 119; Outdoor theater parking accommodates up to 250 vehicles
More about this property
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