1321 Barlow St Oak Harbor, WA 98277-3159
This established three-screen movie theater in Oak Harbor, Washington, presents a unique investment opportunity. Located at 1321 SW Barlow Street, just off Highway 20, this business boasts a proven track record of profitability. The asking price is $350,000. The theater is fully equipped with state-of-the-art technology, including digital projectors and Dolby surround sound systems in all three screens. Modern concession equipment is also included in the sale, ensuring a seamless transition for the new owner. The current staff is skilled and capable of continued operation, making this a perfect opportunity for either hands-on management or remote oversight. All necessary equipment and infrastructure are in place, making this a true turnkey operation. The business is ideally suited for a family-run venture or an investor seeking a passive income stream. Situated in Island County, Washington, zip code 98277, this cinema enjoys a prime location with excellent visibility and accessibility. This is a rare chance to acquire a thriving, established business in a desirable community. Don't miss this opportunity to own a piece of Oak Harbor's entertainment landscape.
-
Oak Harbor Cinemas Cinema Theater & Performing Art Venue
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
OH · Oak Harbor, WACosts & 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.