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Historic Theater with Rental Spaces
For Sale
Contact for pricing
Pending

S307 Railroad St, Stephenson, MI 49887

Includes new projection equipment, reclining seats, and two additional rental businesses under one roof.

Property SizeContact for details
Days on Market143

Property Features for S307 Railroad St

General Information

Standard status Pending
Property subtype Retail

Additional Details

Business Included Yes

Amenities

projection screen
projector
reclining seats

Building Details

Tenancy Multi
Listing Agency: Berkshire Hathaway HomeServices Metro Realty
Listed By: Megan Sullivan · License #WI
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Apr 12 at 8:28AM

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 Berkshire Hathaway HomeServices Metro Realty

Investment Insights

Based on property information with market context.

This historic theater property combines an established entertainment venue with additional commercial spaces. The auditorium provides 300+ seats, including reclining theater seating, and is equipped with a new projection screen and projector. The building has hosted local school plays and holiday movie events, supporting its longstanding community entertainment use.

Two separate rental businesses operate within the same building: a beauty salon and an ice cream parlor. The sale also includes a distinctive pizza recipe associated with the theater, offering continuity for a future operator who chooses to maintain that offering.

Key Highlights

  • 300+ seats available in the theater
  • New projection screen and projector
  • Reclining theater seats

Property Analytics

Current Use

Ice Cream Palace Grocery & Convenience Store Tivoli Theater Cinema

Suggested Use

Top Pick Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

Demographics for 49887, MI

2,353
Population
1,727
Households
1.4
Avg Household Size
51
Median Age
21%
College-Educated
94%
High-School Grad
205.9 sq mi
ZIP Area
11
Density / Sq Mi
$54,821
Median Household Income
$34,833
Median Earnings
$691
Median Rent
$150,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Theater & concert hall - Includes new projection equipment, reclining seats, and two additional rental businesses under one roof.
Where is this theater & concert hall located?
The property is located at S307 Railroad St Stephenson, MI.
What are key features of this property?
This property features: 300+ seats available in the theater; New projection screen and projector; Reclining theater seats
More about this property
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