Seller Financing
Address
1401 Joe Ramsey, Greenville, TX
Price
$ 7,500,000
Property Attributes
  • MLS#20522741
  • TypeCommercial
  • CountyHUNT
  • CityGreenville
  • NeighborhoodSterling House Addition
  • Zip75402
  • StyleBusiness
  • Price$ 7,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size10.171 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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 aera of 1242. Per public documentation the 32,920 Square Feet of theatre is surrounded by a large concrete pad that sits amongst 10.171Acres. This is a prime location for this business operation while being near Interstate 30 and fronting Joe Ramsey Blvd which is the route of Highway 69.

Price History
1/30/2024 Listed $7,500,000

General Features

Heating Central,Natural Gas
Cooling Central Air,Electric
Utilities Asphalt,City Sewer,City Water,Electricity Available
Ceiling Height More than 20 Feet
Possession Negotiable
Roof Flat,Other
Year Built 1997
Tenant Pays None
Business Type Video,Other
Business Name Majestic 12
Building Use Other
Owner Pays All Utilities,Electricity,Gas,Grounds Care,Insurance,Management
Will Subdivide No
Gross Annual Expenses 0.00
Property SubType Business
Subdivision Name Sterling House Addition
Accessibility Features Accessible Approach with Ramp,Accessible Doors,Accessible Entrance,Accessible Grip,Accessible Hallway(s),Customized Wheelchair Accessible
Zoning Description Commercial
Occupant Type Owner
County Hunt
Property Type Commercial Sale
Security Features Burglar,Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Prewired,Security Lights,Security System,Security System Owned,Smoke Detector(s)
Construction Materials Brick,Concrete,Metal Siding,Plaster
Year Built Details Preowned
Special Notes Aerial Photo
Status Active
Directions Property is located in Southern Eastern corner of Interstate 30 and Highway 69 located 1401 Joe Ramsey Blvd. Greenville,Tx. 75402.
City Greenville
Buyer Agent Compensation 3
Street Name Joe Ramsey
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20522741
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Flooring Carpet
Total Stories 2
Total Units 1
SQFT Gross 32920
Lock Box Type Call Listing Office

Exterior Features

Lot Features Acreage,Cleared,Corner Lot,Few Trees,Sloped
Lot Size Source Assessor
Parking Features Concrete,Oversized,Parking Lot
Lot Size 10 to < 50 Acres
Foundation Slab
Lot Size Area 10.1710
Lot Size Units Acres
Construction Materials Walls Cement
Building Area Total 32920.00
Road Frontage Type Highway,State Road
Lot Size Square Feet 443048.7600
Lot Size Acres 10.1710

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 75402

Price
AVG $2.75M
$7.5M
Visits
AVG 57
62
Data Provided by Inside Real Estate®
Year Built
AVG 1974
1997

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