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$4,200,000
190 N 1ST Ave
Ketchum, ID 83340
MLS# 22-329703
2 baths  |  8277 sqft


190 N 1ST Ave, Ketchum, ID 83340
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190 N 1ST Ave, Ketchum, ID 83340 Magic Lantern Cinema 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340 190 N 1ST Ave, Ketchum, ID 83340

Property Description
An iconic property in a central downtown Ketchum location. In operation for nearly 50 years, The Magic Lantern Theater can be purchased as an owner/operator business or as a development opportunity. The full cinema business is included in the purchase price, including all furniture, fixtures and equipment. The building features over 8000 SF with 20-foot ceilings that provide incredible

Details
Maps
Location, Tax and Misc
Current Price: $4,200,000
Area: Ketchum
Street Number: 190
Street Direction Pfx: N
Street Name: 1ST
Street Suffix: Ave
State/Province: ID
Zip Code: 83340
County: Blaine
Legal: CINEMA SQUARE CONDO UNIT 2
Assessor's Parcel #: RPK07490000020
List Price: $4,200,000
Taxes: 6600.9
Tax Year: 2021
Green Features: No
Lot / Acreage Info
Parcel Acres Apx: 0.19
Parcel SqFt Apx: 8277
Parcel Size Per: Assessor
Remarks & Misc
Excluded Items: Sellers' personal items
Possession: On Closing
General Property Description
Sub Type: CS
Baths: 2
Total SqFt Livable: 8277
SF Bsmt - Fin: 8277
SqFt Per: Assessor
Year Built: 1995
Commercial Type: Improved
Business Name: The Magic Lantern
Business Use: Movie theater
Waterfront if Appcbl: No
Geo Lat: 43.678958
Geo Lon: -114.364566
Contract Info
Status: Active
List Date: 2022-07-02
Directions: Main Street in Ketchum to Second Street. West on Second Street to First Avenue. The theater is on the corner.
Status Change Info
Realtor.com: Commercial
Property Features
Additional Charges: Common Area Maint; Insurance; Real Estate Taxes
Zoning: K/CC
Driveway: Asphalt
Road Surface: Paved
Road Access: Public
Water: City Connected
Sewer: City Connected
Power: Electrical
Waterfront: No
Basement: None
Garage: Carport
Items Included: See Realtor Remarks
Heat: GFA
Electric: 100 Amp; 200 Amp
Water Heater: Other
Construction Type: 2 Story
Exterior Finish: Stone/Rock; Stucco
Roof: Architectural Asphlt; Membrane
Building Type: Office; Other; Restaurant/Bar; Retail; Shopping Center
Documents: Aerial View; Plat
Other Disclosures: CC & R's
Sales Includes: Equipment; Fixtures; Furniture; Inventory; Other
Amenities: Air Conditioning; Elevator; Fire Sprinkler; Handicap Access; Handicap Restroom; Parking Public; Shop Space
Association Fee Includes: Insurance; Maintenance Grounds
Terms: Cash
Supplements
volume along with the potential for Bald Mountain Views. Business financials and buyer exclusion list provided upon request with executed NDA. Now is your chance to own a prime piece of real estate in the heart of downtown Ketchum.

Listing Office: Keller Williams Sun Valley Southern Idaho

Listing Agent: Rixon + Cronin

Last Updated: October - 18 - 2022


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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