Interested?
Myria Free #742017
Sales and Acquisitions, Ragland Realty
512-537-3399
[email protected]
[email protected]
Location and Market Overview:
Located on Main Street, Marble Falls, the Uptown Theater is at the center of a recently revitalized downtown area, complete with upgraded parking and a nearby park. With direct access to the City of Marble Falls and its Economic Development Corporation, the buyer has easy routes to expanding the business. Marble Falls offers a vibrant local community with a growing arts scene, making it an ideal location for this versatile venue.
Detailed Property Description:
The Uptown Theater in Marble Falls is a 5,800 SF venue offering a rich blend of history and modern amenities. Built in 1942 and renovated in 2004, the property has hosted various forms of entertainment, including live performances and film screenings. The current owner is selling the operating company along with the theater, providing a turnkey opportunity for a buyer to take over the business the day after closing. A 501c3 non-profit designation can be transferred, offering the potential for grants and donations to fund the venue's future.
The theater comes equipped with a full sound system, a projector (with room for improvement by adding a motorized retractable screen), and a ticketing system, along with a Mailchimp database of patrons. Behind the stage, a green room considered the best in Texas offers an unfinished dressing room with shower facilities. The building features one of two original projection systems, with its sister projector housed in the RTF Museum at UT.
Additionally, the space above the lobby was originally constructed as a residence for the operator and is rumored to have served as an illegal speakeasy during Prohibition when much of rural Texas was dry. This unique feature presents an exciting opportunity to transform the space into an intimate venue with a separate private entrance, allowing VIP customers to enjoy events from a private balcony, enhancing the overall experience at the Uptown Theater.
The property offers alley access at the back and has the longest linear footprint on Marble Falls’ historic Main Street.