1820 ALABAMA ST Sturgeon Bay WI 54235-3531

Introducing 1820 Alabama St, Sturgeon Bay, WI 54235, a rare commercial investment opportunity featuring a fully operational 6-screen movie theater alongside a residential property. The property boasts a modern 29,000 sq. ft. facility Built in 2000 with 6 movie screens, updated roofing, and consistent revenue generation. With a total NOI of $66,091, this development deal offers investors a clear financial outlook. The theater presents a turnkey business with state-of-the-art projection systems, concession areas, and multiple revenue streams. The residential house, built in 1945 and refreshed in 2022, offers 720 sq. ft. of living space on a 14,400 sq. ft. lot, providing additional rental income potential. Seamlessly blending entertainment and accommodation, this property is an established venue in Sturgeon Bay, ideal for those seeking an investment that combines business and living spaces.