108 109 Leesville, LA 71446
This exceptional 9,870 square foot mixed-use property, located at 108-109 N 3rd St in the heart of downtown Leesville, Louisiana, presents a unique investment opportunity. Previously operating as a theater – known historically as Celebrations, The Vernon Theatre, and Dreamland Theater – this building retains much of its original charm and character. The iconic marquee, once showcasing classic movie titles, now serves as a vibrant focal point for modern events. The interior offers ample space for a variety of uses, making it ideal for an event center, entertainment venue, or a creative adaptive reuse project. Its central downtown location provides excellent visibility and accessibility, placing it within easy reach of local businesses, residents, and tourists. The property's rich history and versatile layout offer a compelling blend of nostalgia and potential, promising a strong return on investment for the discerning buyer. This is a rare chance to acquire a piece of Leesville's heritage and shape its future. The property sits on a 0-acre lot and is priced at $399,900. The building's original features, including elements of its theatrical past, offer a unique and attractive ambiance for any future use. This is a truly remarkable opportunity to own a piece of Leesville's history.
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.