Rare opportunity for a buyer to purchase & operate a historic three screen movie theater in downtown La Grande. This historic building was completely renovated in the late 1800’s and early 1900’s and has been a longtime staple in the area. Originally designed as a single screen theater, the current owner of the Granada added a second screen in 1972, followed by a third screen in 1994 bringing the total capacity to 323 seats - Auditorium 1 = 103 seats - Auditorium 2 = 45 seats - Auditorium 3 = 175 seats. More recent renovations include the installation of new rocker seats, state-of-the-art digital Christie projectors, Dolby 3D and 750 surround sound systems, an updated concession bar and lobby area, new carpet, new auditorium drapes, and other improvements. The location offers over 6,798 households and a median age of 38 within a 15 minute drive time of the property, with consumer spending reports showing over $19,910,248 spent on entertainment which includes movies tickets. Surrounding local, regional and national retailers and restaurants include Bi-Mart, Safeway, KFC, Papa Murphy’s, Walmart, Grocery Outlet, Dollar Tree, & Panda Express. Local traffic generators include Eastern Oregon University (3,000 students), La Grande High School (628 students), Middle School (456 students) and Elementary School, Woodgrain (over 200 employees), and Grande Ronde Hospital (50 beds). La Grande is known as a gateway to Eastern Oregon’s outdoor recreation, which includes the Blue Mountains & the Hells Canyon area, it is a historic stop on the Oregon Trail, a center for arts and culture with venues like the Elgin Opera House, and a college town thanks to Eastern Oregon University, with its economy supported by lumber and agriculture the City is a blend of rugged outdoor adventure, deep history, and small-town charm set in the scenic landscape of Eastern Oregon. Please Do Not Disturb Theater Employees, Contact agents to schedule tours and to request additional information.
Stacy Looney
SVN Bluestone