$190,000
$199,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
115 E Michigan Avenue Paw Paw, MI 49079
2 Baths
4,356 Sqft Lot
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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