230 E. Main Street, Olney, IL 62450

31 Photos
 
$58,000
Active for Sale
 
Listing ID 11227815
Property Type Commercial
County Richland
Total Tax $700
Tax ID 0634305001
FEMA Flood Map fema.gov/portal
Year Built 1927
   
Virtual Tour

Iconic and Historic Arcadia Theater

The 1920's iconic and historic building of the Arcadia Theater is now available. This 3 screen theater has one main screen and two smaller screens that were added later. The main screen auditorium has 396 Seats, One of the smaller screens has 92 seats and the other has 64. This building still has gorgeous features such as curved staircases, ornate mirrors, light fixtures, and art deco decor and flair. The upper level balcony is accessible by stairs and there are bathrooms on upper level as well as lower. There are seat covers for the seating. The front marquee sign lighting has been restored and is operational. While the 8,000 +/- Sq Ft building needs work, it is an excellent opportunity to restore for a multitude of possibilities, such as, remaining a movie theater, converted to a restaurant, banquet hall, community theater, office, or so much more. Property being sold "AS IS WHERE IS"
Property Details
  • 4 Half Baths
  • 8000 SF
  • 0.20 Acres
  • Built in 1927
  • Renovated 2009
  • 2 Stories
  • Available 12/04/2023
  • Partial Basement
  • Lower Level: Unfinished
  • Renovation: Lights on Front were wired and working.
Interior Features
  • Carpet Flooring
  • Ceramic Tile Flooring
  • Forced Air
  • 1 Heat/AC Zones
  • Natural Gas Avail
  • Central A/C
  • 200 Amps
Exterior Features
  • Masonry - Brick Construction
  • Brick Siding
  • Masonry Siding
  • Rubber Roof
  • Municipal Water
  • Municipal Sewer
  • Street View
  • Handicap Features
Commercial Info
  • Uses: Movie theatre, event hall, Community Theatre, Offices, Resturaunt,
  • 10 Parking Spaces
  • Street parking
Taxes and Fees
  • $700 Total Tax
  • Tax Year 2022
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