Listed by Mahoney & Associates
$4,500,000
FOX THEATRE
Details
APN 002-234-031
Property Type Special Purpose
Sub Type Sports/Entertainment
Square Footage 9,767
Units 3
Class A
Year Built 1921
Lot Size (SqFt) 10,890
Zoning MX - Mixed Use
Parking Spaces 2 spaces
Parking Per SqFt 0.20
241 Main St., Salinas | BUILDING AND BUSINESS INCLUDED
Marketing description
Mahoney & Associates is pleased to present to the market The Fox Theatre at 241 Main St. in Salinas, California. The Fox Theatre stands as a historic gem, presenting a unique opportunity for preservation-minded investors or organizations. Just a few hundred feet from the recently built Taylor Farms Headquarters and in the center of the City’s downtown revitalization plan, potential buyers of The Fox Theatre are not just acquiring a property; they are inheriting a piece of local history with immense potential for both business growth and community engagement. The sale will include the property, all FF&E, liquor license (Type 47 beer, wine, & liquor license with Type 58 caterer’s license endorsement), and business with current bookings through 2024 and into 2025. Business financials are available upon execution of NDA. The current owners have meticulously refurbished, cared for, and preserved the property, all while growing the business as well as the excitement about the venue. Updated electrical, plumbing, roof maintenance, roof repair, and earthquake retrofitting have all been performed. Potential Buyers can steward future development of the thriving business in addition to remaining a focal point of the Downtown Salinas Vibrancy Plan
Listing Contacts
Listed by Mahoney & Associates
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