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1401 Joe Ramsey Blvd
Greenville, TX 75402
Majestic 12 Theater · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Owner Financing Available
  • Turn Key Theater or Redevelopment Project

PROPERTY FACTS

Property Type
Retail
Property Subtype
Movie Theater
Building Size
34,421 SF
Building Class
B
Year Built/Renovated
1989/2006
Tenancy
Single
Building Height
3 Stories
Building FAR
0.08
Lot Size
10.17 AC
Zoning
F1/GR - General Retail
Parking
352 Spaces (10.69 Spaces per 1,000 SF Leased)
Frontage
544’ on Joe Ramsey Blvd

AMENITIES

  • Corner Lot
  • Dedicated Turn Lane
  • Food Court
  • Signage
  • Accent Lighting
  • Air Conditioning

ABOUT 1401 JOE RAMSEY BLVD , GREENVILLE, TX 75402

The Majestic 12 at this current time is Greenville's only movie theater 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 theater seating is either rocker style or recliners with a grand total seating area of 1242. Per public documentation the theater has 32,920 Square Feet of floor area and is surrounded by a large concrete parking area on 10.171 Acres. This is a prime location for a movie theater or other commercial redevelopment, being near Interstate 30 and fronting Joe Ramsey Blvd which is the route of Highway 69 into and through Greenville. Seller will consider financing the sale with a 20% down payment along with other terms to be negotiated in the contract. Directions: The property is located in the Southeastern corner of Interstate 30 and Highway 69 aka Joe Ramsey Blvd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30464
Land Assessment
$1,048,190
Improvements Assessment
$1,973,210
Total Assessment
$3,021,400
  • Listing ID: 30842591

  • Date on Market: 2/1/2024

  • Last Updated:

  • Address: 1401 Joe Ramsey Blvd, Greenville, TX 75402

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