Historical Sport & Entertainment Sale Listing - Marilyn Monroe's First Stage- El Rey Theater

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Marilyn Monroe's First Stage- El Rey Theater

361-365 Main Street, Salinas, CA 93901

N/A

6,350 SF | Sport & Entertainment

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Sport & Entertainment Property - Off Market

Price:
N/A
Building Size:
6,350 SF
Property Type:
Sport & Entertainment
Property Sub-type:
Theatre/ Performing Arts
Property Use Type:
Vacant/Owner-User
Commission Split:
3%
Lot Size:
6,500 SF
Listing ID
16617588
Last Updated
over 1 year ago

Description

Built in 1935, the historic El Rey Theater launched the career of Marlyn Monroe where she gave her first public address as the Castroville Artichoke Queen. This theater is surprisingly authentic and can be restored. Currently, Warren Dewey, restorer of the famed Golden State Theater, desires to renovate and lease main theater to run a theater arts academy. He met with city officials who committed to restoring the theater facade while Warren restores the interior. There are two small retail rentals or 230 sq ft each with own bathroom. Both should bring in $1500/month. One church has offered $4000/month for Sunday service.

Located at the entrance of Old Town Salinas, The El Rey Theater can be seen for 5 miles down a main traffic corridor. Drive by traffic and walk by traffic from nearby high school and college make this property an exceptional location

Map of 361-365 Main Street, Salinas, CA 93901 (Monterey County)

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Created 3/22/2010