126 W Commerce Street, Wills Point, Texas 75169

$325,000
List Price
$325,000
Price Change
▼ $25,000 1706934499
MLS#
20294575
Status
ACTIVE
Type
Commercial
Year Built
1926
Construction Status
Preowned
Acres
0.13
County
Van Zandt
City
Wills Point
Subdivision
Original

Property Description

Historical Wills Point Landmark- Step back in time to the good old days - when going to the show was a special treat! The Majestic Theater on the brick streets of downtown is a one of a kind venue!Perfect for dinner theater, but the possibilities are endless! Upstairs balcony has a small seating area with the projection booth and attic storage. Downstairs is the office, ticket booth, concession area with storage, 2 bathrooms, entry hallway and of course the main theater area with stage. There is also a back office with a separate outside entrance on 5th Street. Alley way on the back portion, frontage on 5th Street and WN Commerce Street. Wills Point ISD. Owned by the Lybrand family since 1926, when Mr Lybrand played the trumpet and Mrs. Lybrand played the piano for silent movies. They passed to their son Karl, who ran the show for many years.His son Karl operated until closing.The doors closed in 2010.The longest running,single screen,family owned theater in the southwest region.

Additional Information

Unexempt Taxes
$3,682
Tenant Pays
All Utilities
Lot Size
5,749
Acres
0.13
Lot Description
Corner Lot
Subdivided
No
Flooring
Carpet
Foundation
Pillar/Post/Pier
Roof
Tar/Gravel
Building Stories
2
Walls
Brick
Ceiling Height Type
Other
Street Utilities
City Sewer
Heating Cooling
Central
Construction Material
Brick
Parking Garage
On Street
Road Frontage Desc
City Street, Curbs/Gutters
Possession
Negotiable
Building Sq. Ft.
5750
Number of units
1
Building Use
Church, Food Service, Medical, Office, Office/Warehouse, Restaurant, Retail, Wholesale, Other
Zoning
commercial
Possession
Negotiable

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Sherry Scott Moore from Century 21 NexGen Realty. Contact: 903-873-2141