Paw Paw Vlg, MI 49079,115 E Michigan Avenue

$190,000

$199,000

4.5%
Est.Price: ?

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Est. payment /mo

3,510 SqFt


SOLD DATE : 08/07/2023

Key Details

Sold Price $190,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 3,510 sqft

Price per Sqft $54

MLS Listing ID 69023018427

Sold Date 08/07/23

Originating Board Southwestern Michigan Association of REALTORS®

Year Built 1927

Annual Tax Amount $2,877

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 39x90x39x90

Property Description

Dreaming of owning your own business? The iconic STRAND MOVIE THEATER has been a major part of the Downtown Paw Paw Community since 1927. In 2023, the historic marquee underwent a complete renovation including a new roof and conversion from incandescent fixtures to LED lighting. A new digital projector was installed approximately 10 years ago along with several new speakers and new seats in the balcony. Recent updates include interior and exterior painting, 4 new windows in front, new cabinetry in concession area with granite countertops, new soda machine in 2022 along with new carpeting in 2023. The theater seats 289 guests and is open 7 days a week offering matinees on Wed. & Sun. The building has been utilized for private events, school field trips and it has been frequented by membersof the surrounding communities for decades. The Strand Theater has been a staple in the Paw Paw downtown district offering patrons an intimate "movie" experience to enjoy along with some fresh popped popcorn year around. Sellers have enjoyed their tenure as owners of this joyful and lucrative business but have decided it is time for a new owner. Schedule your private tour today.

Location

State MI

County Van Buren

Area Paw Paw Vlg

Direction The Theater is located in downtown Paw Paw on E. Michigan Ave. between Gremps and North/South Kalamazoo St. on N. side of road

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Road Frontage Paved

Building

Foundation Basement, Partial Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Structure Type Block/Concrete/Masonry,Frame,Wood

Schools

School District Paw Paw

Others

Tax ID 804710601100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Unknown/Data Share Listings

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Realcomp MLS
Listed by Suzy Glomski of Gale Realty, LLC
Bought with Gale Realty, LLC
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