Commercial Land for Sale in Olney, Illinois

230 E Main St Olney, IL 62450

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$49,000
0.2 acres
Active sale$9k dropEst $414/mo

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"

Location

Street Address
230 E Main St
Elevation
482 feet
Coordinates
38.7315, -88.0837

Property details

Zoning
Commercial
MLS Number
MyStateMLS 11228051
Date Posted

Property taxes

2022
$700

Parcels

  • 0634305001

This 0.2-acre property is located at 230 E Main St in Olney, IL 62450 with latitude 38.7315 and longitude -88.0837. The property is currently available for sale for $49,000 with a price per acre of $245,000. Listing data is sourced from My State MLS # 11228051.

Verify sale details or contact Amy Lee Realty at (618) 662-3170.

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Copyright My State MLS All rights reserved. Information is deemed reliable but not guaranteed.

Updated . Checked 1 hour ago. Parcel data by Regrid.

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