Paw Paw, MI 49079,115 E Michigan Avenue
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Paw Paw, MI 49079,115 E Michigan Avenue
Paw Paw, MI 49079,115 E Michigan Avenue
Paw Paw, MI 49079,115 E Michigan Avenue
Paw Paw, MI 49079,115 E Michigan Avenue

$190,000

Est. payment /mo

$199,000

4.5%
Est.Price: ?

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115 E Michigan Avenue Paw Paw, MI 49079

2 Baths

4,356 Sqft Lot

SOLD DATE : 08/07/2023

Key Details

Sold Price $190,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Municipality Paw Paw Vllg

MLS Listing ID 23018427

Sold Date 08/07/23

Full Baths 2

Originating Board Michigan Regional Information Center (MichRIC)

Year Built 1927

Annual Tax Amount $2,877

Tax Year 2022

Lot Size 4,356 Sqft

Acres 0.1

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 members of 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 Greater Kalamazoo - K

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

Rooms

Basement Partial

Interior

Cooling Central Air

Fireplaces Number 1

Exterior

Utilities Available Telephone, Public Water, Public Sewer, Cable Connected, Natural Gas Connected, Electricity Available, Natural Gas Available

View Y/N No

Street Surface Paved

Building

Building Description Block, Bath Common Area

Foundation None

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Schools

School District Paw Paw

Others

Tax ID 80-47-106-011-00

Ownership LLC

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

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Listed by Gale Realty, LLC
agent

Shannon Prain

Broker Associate | License ID: 6506046723

+1(517) 937-7834

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