126 W North Commerce Street, Wills Point, TX 75169

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Debbie Waters

debbiewaters@ziglarrealty.com +1(972) 841-8461

$299,900

Est. payment - /mo

5,749 Sqft Lot

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UPDATED:

10/17/2024 03:53 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Original

MLS Listing ID 20294575

Total Fin. Sqft 5750

Year Built 1926

Annual Tax Amount $3,682

Lot Size 5,749 Sqft

Acres 0.132

Property Description

Historical Wills Point Landmark- Step back in time to the good old days - when going to the show was a special treat! The Majestic Theater on the brick streets of downtown is a one of a kind venue!Perfect for dinner theater, but the possibilities are endless! Upstairs balcony has a small seating area with the projection booth and attic storage. Downstairs is the office, ticket booth, concession area with storage, 2 bathrooms, entry hallway and of course the main theater area with stage. There is also a back office with a separate outside entrance on 5th Street.
Alley way on the back portion, frontage on 5th Street and WN Commerce Street. Wills Point ISD. Owned by the Lybrand family since 1926, when Mr Lybrand played the trumpet and Mrs. Lybrand played the piano for silent movies. They passed to their son Karl, who ran the show for many years.His son Karl operated until closing.The doors closed in 2010.The longest running,single screen,family owned theater in the southwest region.

Location

State TX

County Van Zandt

Zoning commercial

Direction From Hwy 80 in Wills Point, turn North on 5th Street, go across the RR tracks, turn right, Majestic Theater on the left.

Interior

Heating Central

Cooling Central Air

Flooring Carpet

Heat Source Central

Exterior

Utilities Available City Sewer

Roof Type Tar/Gravel

Garage No

Building

Lot Description Corner Lot

Foundation Pillar/Post/Pier

Structure Type Brick

Others

Ownership Lybrand

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Sherry Scott Moore • Century 21 NexGen Realty

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Debbie Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163