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Executive Summary

This charming, historic 2-story property sale comes with all theater assets. Currently a fully operational movie theater, including concession, storage and ice cream service, 3-theaters and 314 seating capacity. An amazing investment opportunity.

Attachments

Perry Theater

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Movie Theater
Building Size
10,755 SF
Building Class
C
Year Built
1935
Price
$210,000
Price Per SF
$19.53
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.17
Lot Size
0.21 AC
Opportunity Zone
Yes
Frontage
86’ on 2nd Street

Amenities

  • Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Fareway Meat & Grocery
Hy-Vee
Snap Fitness 24/7
Scooter's Coffeehouse

Property Taxes

Property Taxes

Parcel Number
02-10-306-005
Land Assessment
$25,780
Improvements Assessment
$101,820
Total Assessment
$127,600
  • Listing ID: 38693300

  • Date on Market: 12/8/2025

  • Last Updated:

  • Address: 1312 2nd St, Perry, IA 50220

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