91 Palmyra Rd, Sterling, IL

Name: 91 Palmyra Rd, For Sale in Sterling - Zoocasa
Brand: RE/MAX Sauk Valley
SKU: 12762196
Price: 750000 USD

House

For Sale

Listed price in listed location currency (USD).

$750,000

000

MLS® 12762196

Overview

Key Facts

Type

Levels Business Opportunity

Size -

Garage

Taxes $3,557

Days Active 0

Lot Size 678665 SF

Approx. Age

MLS® Number 12762196

Property Address: 91 Palmyra Rd, Sterling, IL, 61081-9623

Average square foot calculated using Size range provided by listing agent.

Description

A rare opportunity to own a true piece of Illinois history! The historic Midway Drive-In Theater in Sterling has been entertaining generations since 1950 and is home to Illinois' oldest standing drive-in movie screen. This iconic single-screen venue features a massive 90-foot screen and parking capacity for approximately 500 vehicles, creating an authentic outdoor movie experience unlike any other. The 15.5 acre property includes the classic retro "spaceship" ticket booth, full-service 50's style concesion stand/diner, digital projection capabilities and the infrastructure necessary to continue operating this established entertainment destination. The Midway has embraced the nostalgia of the classic American drive-in while continuing to offer first-run movies, double features and special events. The concesion operation offers a variety of popular movie and diner favorites, adding an additional revenue component to the business. This is a rare opportunity for an owner/operator, investor, entrepreneur or entertainment-minded buyer to acquire an established business and an iconic property with decades of history, recognition, and a loyal following. Opportunities of this nature rarely become available. Qualified buyers are encouraged to inquire for additional information regarding the property, business, equipment and included assets.

MLS® Number12762196

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/CCentral Air

Extras

Map

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