For Sale: Benson MLS# 7032870
Active
NEW!
$234,900
Commercial: Other
2 br • 2 ba • Built 1918
0.123 acres
MLS# 7032870
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Property Description
Historic DeMarce Theater – Turnkey Entertainment & Investment Opportunity
Unique opportunity to own the fully refurbished DeMarce Theater, a turnkey entertainment venue located in downtown Benson. The building occupies a (41’ x 130’) city lot and is commercially zoned, offering excellent visibility and versatility for continued theater operations, events, or entertainment use.
The theater features a welcoming 30’ x 34’ lobby with a fully equipped concession area including popcorn machine, butter dispenser, refrigerator, freezer, pizza oven, nacho cheese warmer, chip and pretzel warmer, mini-donut oven, food carts, candy carts, and digital menu display screens. Two Square POS systems with card readers and printer are included.
A major bonus to the property is the active food, beer, and wine license, allowing expanded concessions, private events, and additional revenue opportunities.
The auditorium seats approximately 156 guests in comfortable rocker chairs with cup holders and also includes 12 tables and chairs for flexible seating arrangements. A rooftop air conditioning unit was installed in 2023.
The theater includes a 16’ x 30’ screen and a new 2025 Barco SP2K-9S Smart Laser digital projector, along with a professional 5.1 Dolby Surround Sound system featuring QSC audio components including amplifiers, stage speakers, surround speakers, and an 18” subwoofer.
Additional building features include a basement under the lobby (30’ x 34’) with electric water heater, projector room, office space with bathroom, and storage areas.
The property also includes an income-producing apartment currently rented, featuring 2 bedrooms, 2 full bathrooms, hardwood flooring, washer and dryer, electric stove and refrigerator, split heating and cooling unit, and separate 100-amp electrical service.
This is a rare opportunity to purchase a fully operational theater with updated projection equipment, seating, concessions, and built-in rental income. Ideal for an owner/operator, entertainment group, or investor looking for a unique downtown destination property.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$234,900
Property Type:
Commercial
City:
Benson
Garage Spaces:
0
County:
Swift
Year Built:
1918
State:
MN
Property Style:
Other
Zip Code:
56215
Subdivision Name:
City Of Benson
Interior
Bedrooms:
2
Bathrooms:
2
Exterior
Garage Spaces:
0
Foundation Size:
5,330 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Lot & Land
Acres:
0.123
Geolocation:
45.315323, -95.600966
Inclusions:
Fixture/Equipment
Lot Dimensions:
42 130 41 130
Zoning:
- Business/Commercial
- Residential-Single Family
Schools
School District:
2265
District Phone:
3208432710
Expenses
Annual Electric Expense:
$4,653
Annual Fuel Expense:
$2,567
Annual Insurance Expense:
$5,134
Annual Trash Expense:
$1,622
Annual Water/Sewer Expense:
$1,153
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$796
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$796
Income
Annual Gross Income:
$108,100
Rent
Annual Net Income:
$13,527
Units
Total Units:
1
Miscellaneous
Current Use:
Other
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Zielsdorf Auction & Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.