

Listed by Concorde Management & Development
$5,900,000
120 N 13th St
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 40,000
Occupancy 100%
Class A
Year Built 1929
Buildings 1
Stories 12
Acreage 0.530
Zoning Commercial
Multifamily
Marketing description
Unique Investment Opportunity! The ideal opportunity for someone who has experience running an every day entertainment venue. The Theatre has been a landmark in Lincoln for over 75 years. In 2001, millions of dollars were invested into the Theatre to return it to its original splendor as it re-opened as the Rococo Theatre. The original Italian Romanesque architecture was completely restored. The Theatre added all new state-of-the-art audio and visual equipment, Vegas-style booths and tables, and full bars on all three levels. It is truly a one-of-a-kind entertainment venue. The Theatre can accommodate over 1,200 people and there is a full kitchen located in the basement. This is a tremendous opportunity for someone who has the expertise to run a theatre all year round. The Theatre can and has showcased live concerts, comedians, and holiday shows and is the perfect venue for private events, parties, weddings, receptions, meetings, seminars, and fund raisers. The owners will entertain offers that may include other assets. It is also available for lease at $25,000/month NNN. The Rococo Theatre is located in the heart of downtown Lincoln, Nebraska (population 275,000) on the corner of N. 13th Street & P Street. It is located just seconds away from the University of Nebraska Campus (Enrollment 25,000). The Theatre was originally built in 1929 and was fully restored to its original splendor in 2001. It is a one-of-a-kind entertainment venue in the center of a growing city that is home to both the University of Nebraska and the State Capitol.
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Listed by Concorde Management & Development
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