Lake Wood Center
Hospitality
Marketing description
Rare commercial opportunity in the heart of Laurie. Offering 10.68 acres, approximately 27,662 square feet, and 1,200 feet of frontage on Hwy O across from the golf course, this high-visibility property delivers the access, presence, and scale investors are looking for. Anchored by a well-established 5-screen cinema, the property also includes multiple retail spaces, a restaurant location, and a freestanding ATM tenant. With level topography, multiple pad sites for future expansion, more than 100 parking spaces, city sewer, electric, Co-Mo fiber optic internet, and city water, the site is well-positioned for continued growth and development. Seller will provide a new 5-year lease for the cinema at closing, creating built-in income potential. Cinema business and equipment are not included.
Investment highlights
10.68 acres with 4+ remaining pad sites for future development
Established 5-screen cinema anchor with a new 5-year lease to begin at closing
One additional tenant with a newer lease already in place
One location last used as a restaurant with good seating capacity, bar areas and large kitchen/prep area ready for a new tenant.
Two more vacant retail spaces ready for lease-up or repositioning
Freestanding ATM tenant on a month-to-month lease, allowing flexibility for renegotiation
C-1 zoning Situated in a business-friendly city with a cooperative planning and zoning process
MODOT reports vehicle traffic is 2,500 during the off season and 5,000 during the summer season.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
