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135 S Franklin Street

Fort Bragg, CA 95437

PRICE REDUCED

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-$200,000 (-14.29%)

$1,200,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1964

calendar_month Built

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.

Listing Information

List Price $1,200,000
Status Active
MLS C1-10517
HOA $0
Type Commercial
Subtype Special Purpose
Year Built 1964
Lot Size N/A
Structure Size N/A
DOM 170
Courtesy Of Mendo Sotheby's International Realty, Fort Bragg Branch
Listing Agent Dale Simpson DRE#01846521
Co-Listing Agent Linda Simpson DRE#01761855

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

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Listing information courtesy of: Dale Simpson, Linda Simpson, Mendo Sotheby's International Realty, Fort Bragg Branch . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 13th, 2024 at 10:10 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.