$ 995,000
135 S Franklin ST Fort Bragg, CA 95437
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$ 995,000
Est. payment | /mo
$ 995,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID C1-10517
HOA Y/N No
Year Built 1964
Lot Dimensions Not Taped
Property Description
Located at 135 South Franklin Street in beautiful downtown Fort Bragg California the Coast Cinemas occupies a prominent place in its 60 year history in serving the surrounding community. Originally built in 1964 and designed by Gale Santocono a renowned San Francisco Architect who described the design as California Modern. The theater originally seated 648 patrons and supplied all the modern comforts for its time. The present owners purchased the theater in 1977 and have run it as a family endeavor being deeply tied to the community. They have made it their goal to offer the best cinematographic experience on the entire Mendocino Coast. Close attention to the desires of movie goers along with continual upgrades along the way have resulted in an unparalleled example of this gem of a theater. The latest of seating, digital sound and visual technology are provided along with a spacious concession arena. All equipment and trade fixtures included along with signage and website, truly a turnkey opportunity. A very loyal following within the community provides the added benefit of supporting classic movie genres along with first run productions. Census data states a population of 7,000 residents within the City limits along with an equal number in the surrounding rural area. The median income averages $47,000 annually with a median age of 41 years. The drive time for these rural residents averages 13 minutes to the towns center which is the second largest town in the county. The theater is within the General Commercial zone and is situated close to well known restaurants and retail establishments. Over 6,000 square feet of private off street parking is provided with additional on street parking in the surrounding location. Approximately 10,935 square feet of floor area provides spacious seating for 459 patrons. Propane forced air heat provides comfortable efficient heat and a 'silent nite' fire alarm system is in place protecting all four cinemas. Possible mixed use, office space, retail, recreational facility and more. See City for details.
Location
State CA
County Mendocino
Area Fbc - Fort Bragg Central
Zoning CG
Interior
Heating Forced Air, Propane
Cooling None
Fireplace No
Laundry None
Exterior
Fence None
Utilities Available Cable Connected, Propane, Phone Connected, Water Connected
Roof Type Membrane
Present Use Commercial,See Remarks
Total Parking Spaces 13
Building
Lot Description Corner Lot, Paved, Sprinklers None
Dwelling Type None
Water Public
Others
Tax ID 0081631400
Security Features Security System
Special Listing Condition Standard
Listed by Dale Simpson • Mendo Sotheby's International Realty, Fort Bragg Branch • (707) 813-4051
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Gregory Masi
REALTOR® | Lic# 1708321