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    115 Mashell Ave Eatonville, WA 98328

    For Sale
    $599,000

    Historic Movie Theater, 3910 sq ft, 100% Occupied

    Property size:
    3,910 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional investment opportunity presents a historic 3,910 square foot movie theater located at 115 Mashell Ave S, Eatonville, WA 98328. Built in 1942, this single-story, one-building property sits on a 0.12-acre lot and boasts a timeless brick facade and Art Deco ambiance. Currently operating at 100% occupancy, the theater generates significant revenue and offers a unique blend of commercial real estate and established business. The asking price is $599,000, translating to $163.43 per square foot. The property's versatility is a key advantage; it can continue operating as a successful movie theater, hosting birthday parties and special events, or be repurposed to suit a variety of other commercial ventures. Its prime location in Eatonville, Pierce County, Washington, provides excellent visibility and accessibility. This is a rare chance to acquire a piece of local history with strong income potential and significant redevelopment possibilities. The property's rich history and architectural details make it a truly unique investment opportunity in a thriving community. The existing business operations provide a stable income stream, while the adaptable space allows for future growth and diversification. Don't miss this chance to own a piece of Eatonville's heritage.

    Property Features for 115 Mashell Ave

    General Information

    Property type
    Theaters & concert halls
    Square Feet
    3,910 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1942
    Buildings
    1
    Stories
    1

    HighLights

    • $599,000 asking price for this 3,910 square foot retail property.
    • Located at 115 Mashell Ave S, Eatonville, WA 98328.
    • 100% occupied, single‑story, 1942‑built building on a 0.12‑acre lot.
    • Priced at $163.43 per square foot.
    • Currently operating as a historic movie theater, offering potential for continued operation or repurposing.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Theaters & concert halls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eatonville
    County
    Pierce
    State
    Washington
    Longitude
    -122.2665064
    Latitude
    46.8666026

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    FAQs

    What type of property is this?
    Theater & concert hall - Historic Movie Theater, 3910 sq ft, 100% Occupied
    Where is this theater & concert hall located?
    The property is located at 115 Mashell Ave Eatonville, WA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: $599,000 asking price for this 3,910 square foot retail property.; Located at 115 Mashell Ave S, Eatonville, WA 98328.; 100% occupied, single-story, 1942-built building on a 0.12-acre lot.
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    Eatonville, WA 98328
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Mashell Ave Eatonville, WA 98328
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