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It’s showtime for a drive-in movie theater in Skowhegan, ME. The nostalgic but updated screening venue is available for $439,000, and it’s ready for its close-up.
The 11-acre property, operating as Skowhegan Drive-In Theatre, features both a drive-in movie setup and concession stand. While the facility is still going strong as a drive-in, the acreage presents some options for the next owner.
“It could be sub-dividable,” says listing agent Mark Michaud, of Rizzo Mattson Realtors. “It’s located right on a major thoroughfare and gets a lot of traffic. It is zoned for general commercial.”
He adds that any new business ideas for the land would need to be approved.
Aerial view
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Can’t miss the sign.
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Michaud says there has been quite a bit of interest already in the property.
“Most people want to keep it as a movie theater, but the 11 acres are prime real estate,” he notes. “We would love to see it continue as a movie theater, but a hardware store, tractor supply, or landscape company could certainly put the acreage to good use.”
The theater was updated with a new furnace, water heater, and fire suppression system in 2013.
And the venue’s screening capabilities got an industry-standard digital upgrade, and the concession stand was renovated, Michaud says.
Concession stand
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Interior
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In addition to projecting first-run movies, “like the ‘Super Mario Bros. Movie,’” the drive-in hosts a weekly flea market on Saturdays, Michaud says.
“It just started up and has been a success so far,” he reports.
With a capacity of 350, the property could work as a performance space for music events and other types of entertainment.
“I assume a developer would know what they want to do with it, and they just need to get the right approvals,” Michaud adds. “I think commercial is the best use for it.”
Drive-in marquee
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Ticket booth
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The post A ‘Reel’ Piece of Americana: Own a Drive-In Movie Theater in Maine for $439K appeared first on Real Estate News & Insights | realtor.com®.
