396 Old Hartford Rd Colchester, CT 06415
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Thriving 6-plex theater, high occupancy.
Property size:
19,742 SFProperty Features for 396 Old Hartford Rd
General Information
- Property type
- Theaters & concert halls
- Square Feet
- 19,742 SF
- Lot Size
- 473,933 SF
Building Details
- Year Built
- 1999
Listing Agency: Commercial Connection Real Estate LLC Listing Agent: John Famiglietti
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a fully operational, six-screen digital cinema in Colchester, Connecticut. The Gallery Cinemas boasts a substantial 19,742 square foot building situated on a generous 10.88-acre lot, providing ample parking. Recently repaved, the parking lot enhances the overall appeal and convenience for patrons. Built in 1999, the theater features a total seating capacity of 820. The property enjoys 100% occupancy and benefits from a full sprinkler system, city water and sewer connections, and propane heating. Estimated annual ticket sales and concessions revenue is $1,200,000. This turnkey operation is offered at an asking price of $3,000,000 and presents a rare chance to acquire a well-established and profitable entertainment venue in a desirable location. The property's size and amenities make it an attractive investment for both seasoned and aspiring commercial real estate investors seeking a stable and high-performing asset. The substantial lot size also offers potential for future expansion or development, adding further value to this already impressive property. The property is located at 396 Old Hartford Rd, Colchester, CT 06415.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Gallery Cinemas
Cinema
ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Colchester
- County
- New London
- State
- Connecticut
- Longitude
- -72.3518655
- Latitude
- 41.5827994
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FAQs
What type of property is this?
Theater & concert hall - Thriving 6-plex theater, high occupancy.
Where is this theater & concert hall located?
The property is located at 396 Old Hartford Rd Colchester, CT.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 6-plex digital cinema with 820 seats, built in 1999.; 19,742 SF building on a 10.88-acre lot.; Fully sprinklered with city water, sewer, and propane heat.
