Downtown Movie Theater
For Sale
$6,500,000
400 Follett Street, Lemoore, CA 93245
Soundproofed 10-screen theater with solar power and downtown mixed-use zoning for flexible redevelopment options.
Property SizeContact for details
Days on Market347
Property Features for 400 Follett Street
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Building Details
Year Built
2003
Listing Agency:
Century 21 Masters
(805) 853-8318
Listed By:
Valerie Walla · License #02217940
(805) 853-8318
Source:
Exitrealty
Added: Aug 31, 2025
Changed: Aug 8
Last Checked: Aug 12 at 5:36AM
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 Century 21 Masters
Investment Insights
Based on property information with market context.
This approximately 32,000 square foot building is currently operating as a 10-screen stadium movie theater. The structure is built with 8-inch concrete block walls grouted solid to provide soundproofing and structural integrity. The property also features a partial second story that may support additional development. For sustainability and operating efficiency, it includes 782 solar panels.
The asset is located in Downtown Lemoore at 400 Follett Street. It benefits from a downtown mixed-use zoning designation, which supports a wide range of potential uses, including retail, professional office, hospitality, or residential. The property sits near Leprino Foods and the Lemoore Naval Air Station.
With its theater configuration, durable construction, and downtown mixed-use zoning, the property can suit buyers looking to continue operating a specialty entertainment use or pivot toward alternate concepts such as retail, office, hospitality, or residential. The combination of existing improvements and the potential for partial second-story development provides a practical foundation for investors, developers, and entrepreneurs evaluating adaptive reuse in a mixed-use downtown setting.
The asset is located in Downtown Lemoore at 400 Follett Street. It benefits from a downtown mixed-use zoning designation, which supports a wide range of potential uses, including retail, professional office, hospitality, or residential. The property sits near Leprino Foods and the Lemoore Naval Air Station.
With its theater configuration, durable construction, and downtown mixed-use zoning, the property can suit buyers looking to continue operating a specialty entertainment use or pivot toward alternate concepts such as retail, office, hospitality, or residential. The combination of existing improvements and the potential for partial second-story development provides a practical foundation for investors, developers, and entrepreneurs evaluating adaptive reuse in a mixed-use downtown setting.
Key Highlights
- Approximately 32,000 SF downtown building operating as a 10‑screen stadium movie theater
- Zoned Downtown Mixed‑Use, allowing retail, professional office, hospitality, or residential uses
- Partial second story provides additional development potential
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
580
Businesses Nearby
148k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 63%
Dining 31%
Home Improvements & Furnishings 3%
Electronics 2%
Fastrip
Shops & Services
44,410 visits/mo
0.3 miles
Starbucks
Dining
19,550 visits/mo
0.4 miles
Navy Federal Credit Union
Shops & Services
9,306 visits/mo
0.5 miles
Wells Fargo
Shops & Services
8,260 visits/mo
0.2 miles
Little Caesars Pizza
Dining
8,041 visits/mo
0.4 miles
Demographics for 93245, CA
38,045
Population
12,995
Households
2.9
Avg Household Size
30
Median Age
20%
College-Educated
84%
High-School Grad
118.9 sq mi
ZIP Area
320
Density / Sq Mi
$78,181
Median Household Income
$40,279
Median Earnings
$1,470
Median Rent
$324,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Theater & concert hall - Soundproofed 10-screen theater with solar power and downtown mixed-use zoning for flexible redevelopment options.
Where is this theater & concert hall located?
The property is located at 400 Follett Street Lemoore, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Approximately 32,000 SF downtown building operating as a 10‑screen stadium movie theater; Zoned Downtown Mixed‑Use, allowing retail, professional office, hospitality, or residential uses; Partial second story provides additional development potential
