1711 Main StNiagara Falls, NY 14305

For Sale
$3,000,000

Historic Theater, Turn-Key Operation

Overview

Added:
Dec 11, 2024
Days on market:
92
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.

Property Details for 1711 Main St

Property type
Other retail properties, Retail properties
Square Feet
27,914 SF
Year Built
1921

Location Insight

City
Niagara Falls
County
Niagara
State
New York
Latitude
43.1051301
Longitude
-79.0525881
1711 Main St, Niagara Falls, New York
Leaflet | © OpenStreetMap contributors

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1711 Main St
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