1401 Joe Ramsey, Greenville, TX 75402 - MLS#20522741

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Debbie Waters

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

$6,700,000

Est. payment - /mo

10.17 Acres Lot

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UPDATED:

09/17/2024 04:53 PM

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Subdivision Sterling House Addition

MLS Listing ID 20522741

Total Fin. Sqft 32920

Year Built 1997

Lot Size 10.171 Acres

Acres 10.171

Property Description

The Majestic 12 at this current time is Greenville's only movie theatre and it still operates under the ownership of the couple who built it in 1997. The movie theater was enlarged in 2000 and presently holds 12 different theaters that vary in size, along with two concession areas and two restroom areas. All the theatre seating is either rocker style or recliners with a grand total seating area of 1242. Per public documentation the theatre has 32,920 Square Feet of floor area and is surrounded by a large concrete parking area on 10.171 Acres. This is a prime location for a movie theatre or other commercial redevelopment, being near Interstate 30 and fronting Joe Ramsey Blvd which is the route of Highway 69 into and through Greenville.

Location

State TX

County Hunt

Zoning Commercial

Direction Property is located on Southeastern corner of Interstate 30 and Highway 69 -- 1401 Joe Ramsey Blvd. Greenville, Tx. 75402.

Interior

Heating Central, Natural Gas

Cooling Central Air, Electric

Flooring Carpet

Heat Source Central, Natural Gas

Exterior

Utilities Available Asphalt, City Sewer, City Water, Electricity Available

Roof Type Flat,Other

Garage No

Building

Lot Description Acreage, Cleared, Corner Lot, Few Trees, Sloped

Foundation Slab

Structure Type Brick,Concrete,Metal Siding,Plaster

Others

Ownership Lloyd Brigance Crass Sales Inc.

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry

Special Listing Condition Aerial Photo

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

Listed by James Patterson • CENTURY 21 Patterson Agency

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Debbie Waters

+1(972) 841-8461

Agent | License ID: 0623163

Agent License ID: 0623163