114 S Austin, Ranger, TX 76470

$250,000

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List Price
$250,000
Price Change
▼ $49,999 1762820603
MLS#
20874142
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
Year Built
1920
Construction Status
Preowned
Acres
0.36
County
Eastland
City
Ranger
Subdivision
Ot Ranger

Property Description

Here is your chance to own and revive a piece of legendary history! This historical building in Ranger Texas is full of possibilities. It opened as the Lone Star Theatre in 1920 and by 1941 it had been renamed Columbia Theatre. It was operated by Paramount Pictures Inc. Up the lighted staircase to the second story is a catwalk to a sitting or lounging area that overlooks the expansive theater hall below.  The top floor is the residential quarters with 3 bedrooms, 2 full baths, living, dining, kitchen, electric fireplace with a lot of natural light, a balcony overlooking the courtyard below and a fire escape staircase.  The courtyard has a full-service bar that is attached to the indoor bar area. On one side of the main floor is a wraparound bar, pool tables, and is an expansive area in itself with its own entrance! On the adjacent side is the grand theater room with stage and stage lighting.  The theater hall has plenty of room for theater or table seating and is equipped with a commercial kitchen between the bar and theater room. The corner lot provides plenty of off-street parking or room for expansion. The sky is the limit with this property, could be converted into studio apartments or college hang out but definitely an amazingly unique home or has unlimited business opportunity. Come check it out!

Additional Information

Unexempt Taxes
$4,500
Lot Size
15,507
Acres
0.36
Lot Description
Corner Lot
Flooring
Concrete
Foundation
Slab
Roof
Flat, Synthetic
Building Stories
2
Parking Garage
Additional Parking, Common, Direct Access, Deeded, On Site, Parking Lot, On Street
Possession
CloseOfEscrow
Proposed Use
Food Service, Restaurant
Inclusions
Business, Land & Improvements

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Mark Degano from South Gate Realty, LLC. Contact: 254-459-0889

Listing provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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