Property History
Andrew Marsh and Crowder Realty LLC are pleased to exclusively present an Incredible opportunity to own a piece of South Georgia history. The O’quinn Building built in 1924, houses the Historic Strand Dinner Cinema, Bruces Chop House, and the Strand Bistro. The Owners and current operators of the Stand Theatre are retiring and have spent the last 7 years meticulously renovating the entire building in the beautiful and eclectic 1920s art deco style in order to pay homage to the origins of what is one of the very few intact historic structures in the city of Jesup. The 8000 square foot, 3 screens, 900+/- seat theatre, boasts all new electric reclining seats, a concession stand, and ample aisle space that has allowed an increase in year-over-year sales and drawn in patrons from dozens of surrounding areas. The owners agree to help the purchaser for a 30-day transition period in order to acclimate the new owners to the day-to-day of running the theatre business
The restaurant spaces have been recently expanded to encompass units totaling roughly 4500 square feet in order to accommodate the popularity of the steak house AND Italian style bistro. Both spaces are currently leased by a well-regarded local Restauranteur who is two years into his 10-year lease.
The property also includes a Loft apartment which is currently leased on a month-to-month basis but can be converted back to office space.
Currently generating $96,000 in annual rental income from the apartment tenant and the leased restaurant spaces.
Loan History
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