MI > Van Buren > Hartford > 69017 Red Arrow Hiwy

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69017 Red Arrow Hiwy Map / directions

Hartford, MI

49057 Market info

  • MLS# 2210003287
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248-304-6700

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This opportunity consists of two (2) operating drive-in movie theaters. Ownership prefers to sell the theaters as a package. Total Asking Price for both: $495k 2019 Gross Revenue Total for both: $228k, net inc at approx 44-45% of gross 5 Mile Drive In is located in Dowagiac, Michigan and can accommodate up to 500 cars. Sunset Drive In is in Hartford, Michigan and can accommodate 300 cars. Both show double headers during the normal May to Sep season. New ownership could extend the season, add events throughout the week such as live music & concerts, and/or utilize the land during the day for things like car shows, fairs, or other parking intensive uses. The operators do not allow outside food or drink and charge $15 per car load; however, Covid19 temporary terms are $30 per car and outside food IS allowed. Sound is played through car radio. Concessions include popcorn, fountain and bottled drinks, pizza, candy bars, etc.

Property Information

Status
Active 
Address
69017 Red Arrow Hiwy 
City
Hartford 
Zip
49057 
Year Built
1948 
Listing Date
01/15/2021 
Architecture
1 Story 
County
Van Buren 
Above Grade SqFt
1,000 
Possession
At Close 
Price/SqFt
247.5 

School Information

School District
Hartford 

Taxes

Summer Taxes
$260 
Winter Taxes
$993 

Features

Current Use
Drive In Theater 
Zoning
Commercial 
Water
Well-Existing 
Sub Property Type
Commercial 
Heating
Forced Air, Natural Gas 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2210003287 Jan 15 2021 3:18PM $247,500 $495,000 47
2210003287 Active Jan 15 2021 3:07PM $495,000 47
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

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Listing Courtesy of Gri Homes For Today
Office Address 44725 Grand River Ave Ste 102

Real Estate One Family of Companies

69017 Red Arrow Hiwy Hartford
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$247,500
For Sale • Acres: 7.5 • Zoning: Commercial