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$1,500,000
108 Days On Site

5890 VALLEY
STEPHENS CITY, VA 22655

For Sale|Commercial Sale|Active Under Contract
0
Beds
0
Total Baths
1960
Built
County:
FREDERICK
Listing courtesy of Oakcrest Commercial Real Estate

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5890 VALLEY5890 VALLEY5890 VALLEY5890 VALLEY
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Family Drive-in Theatre is presently leased to an out-of-state tenant. The current lease expires on December 31, 2025. The current tenant has a provision in their lease for a thirty (30) day first right of refusal. Once a contract to purchase is received, the current tenant has thirty (30) days to match the pending offer. The present zoning is Frederick County B-2 – General Business District. The land area consists of 10.16 acres or 442,570 square feet. There is an existing concession building/snack bar with two projection rooms. The floor area of the subject building is 1,686 SF. There are two existing drive-in theatre screens. Screen 1 is 84 ft. by 60 ft. Screen 2 is approximately 50 ft by 35 ft. There are 380 drive-in speakers on 4 ft. poles with 2 speakers per pole. There is an existing children’s playground. The existing digital projection equipment is owned by the current theatre operating company with headquarters in Texas. A new purchaser who is interested in operating the drive-in theatre would need to invest in the very expensive state-of- the-art digital projection equipment now required to screen all movies.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
108 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
10.16 Acres
Year Built 
1960
MLS® Number 
VAFV2035312
Status 
Active Under Contract
Property Tax 
$4,678
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
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What's This?
Private
Recent Activity
2 weeks agoStatus changed to Active Under Contract
2 weeks agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Acres 
10.16
Parking 
Parking Lot
Parking Spaces 
190
Sewer 
Septic Tank
Special Circumstances 
Standard
Water Source 
Public
Zoning 
B2
Interior Features
Appliances 
Electric Water Heater
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Exterior Features
Construction Details 
Block
Community Features
School District 
FREDERICK COUNTY PUBLIC SCHOOLS
Schools
School District
FREDERICK COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Oakcrest Commercial Real Estate



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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