223 Commerce St Jackson, AL 36545
This exceptional property, located at 223 Commerce Street in Jackson, Alabama (zip code 36545), presents a unique investment opportunity. Originally constructed in 1925 as a movie theater, this 6090 square foot building has been thoughtfully updated into a state-of-the-art multimedia facility. The property boasts a large, convertible auditorium with a 20x30 foot stage, perfect for a wide range of events including plays, concerts, parties, and theatrical productions. Preserved historical features include a concession stand, ticket box office, and restrooms. Additional amenities include Studio A, featuring a bar/lounge area seating 24 and a stage-view room for electronics and lighting. Upstairs, Studio B (a 20x30 foot addition) offers a VIP viewing room, plus extra space suitable for dressing rooms or storage. The property also includes ample storage areas, a hidden closet, and an additional stairway leading to the concession stand. Behind the stage, there's space for props, dressing rooms, and laundry hookups. An additional exterior storage/dressing room is located near the building's exit. A 30-foot-wide rear property provides access to a back street. The asking price for this historically significant and versatile property is $140,000. The lot size is 0.14 square feet.
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Former Locke Theatre Tour Operator
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Ezell’s Productions LLC Training Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.