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This exceptional 27,914 square foot retail property, the Rapids Theater, is a thriving indoor concert venue and event center located at 1711 Main St, Niagara Falls, NY 14305. Built in 1921 and extensively renovated in 2009 with over $2,000,000 in improvements, this iconic venue boasts state-of-the-art lighting and sound systems. The theater's capacity is 1700, including a 150-person VIP area with a private wet bar. The main floor features an expanded stage, two side sections, an open dance floor, a maple wood bar, new flooring, and exceptional acoustics. The building also includes a large office with security, four green rooms, numerous restrooms, a large dry basement, and a spacious rear parking lot with loading doors behind the stage. All building contents, including walk-in coolers, ice machines, TVs, washer, dryer, and furniture, are included in the sale. The asking price for the real estate is $3,000,000. The business is available for separate purchase at $2,000,000. This turnkey operation presents a unique investment opportunity with significant potential. Financing options are available. The current owner is motivated to sell and will assist with a smooth transition. This is a remarkable opportunity to acquire a well-established and profitable entertainment destination in a prime Niagara Falls location, just minutes from the Canadian border.
Highlights
27,914 SF retail property, Rapids Theater, at 1711 Main St, Niagara Falls, NY.
1921 building, extensively renovated in 2009 ($2M+ in improvements).
State-of-the-art sound and lighting, 1700-person capacity, including 150-person VIP area.
Features expanded stage, dance floor, bar, and ample restrooms; large office, green rooms, and basement.
Includes all contents (coolers, ice machines, furniture, etc.); rear parking lot with loading docks.
$3,000,000 real estate asking price; $2,000,000 business asking price.
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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