About 5890 Valley
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.
Features of 5890 Valley
| MLS® # | VAFV2035312 |
|---|---|
| Price | $1,500,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,686 |
| Acres | 10.16 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Sub-Type | Land for Commercial Use |
| Status | Active Under Contract |
Community Information
| Address | 5890 Valley |
|---|---|
| City | STEPHENS CITY |
| County | FREDERICK-VA |
| State | VA |
| Zip Code | 22655 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | None |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Exterior | Block |
|---|
School Information
| District | FREDERICK COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Zoning | B2 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Oakcrest Commercial LLC. |
|---|