135 S Franklin St, Fort Bragg, CA 95437 | For Sale

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For Sale $995,000

$995,000
  • (0)
  • Units
  • Unknown Sq Ft
  • 17,425 Sq Ft
  • Unknown Cap Rate

Description

Located at 135 South Franklin Street in beautiful downtown Fort Bragg California the Coast Cinemas occupies a prominent place in its 60 year history in serving the surrounding community. Originally built in 1964 and designed by Gale Santocono a renowned San Francisco Architect who described the design as California Modern. The theater originally seated 648 patrons and supplied all the modern comforts for its time. The present owners purchased the theater in 1977 and have run it as a family endeavor being deeply tied to the community. They have made it their goal to offer the best cinematographic experience on the entire Mendocino Coast. Close attention to the desires of movie goers along with continual upgrades along the way have resulted in an unparalleled example of this gem of a theater. The latest of seating, digital sound and visual technology are provided along with a spacious concession arena. All equipment and trade fixtures included along with signage and website, truly a turnkey opportunity. A very loyal following within the community provides the added benefit of supporting classic movie genres along with first run productions. Census data states a population of 7,000 residents within the City limits along with an equal number in the surrounding rural area. The median income averages $47,000 annually with a median age of 41 years. The drive time for these rural residents averages 13 minutes to the towns center which is the second largest town in the county. The theater is within the General Commercial zone and is situated close to well known restaurants and retail establishments. Over 6,000 square feet of private off street parking is provided with additional on street parking in the surrounding location. Approximately 10,935 square feet of floor area provides spacious seating for 459 patrons. Propane forced air heat provides comfortable efficient heat and a 'silent nite' fire alarm system is in place protecting all four cinemas. Possible mixed use, office space, retail, recreational facility and more. See City for details.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $995,000
Property Type Special Purpose
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 13 spots
Year Built 1964
Last Sold Unknown
Sold Price Unknown
HOA Fees: $0
Association Name: Unknown
Association Amenities: Unknown
APN # 0081631400
MLS # C110517
Property ID 320348624
Lot Sqft 17,425
Zoning CG
Days on Market 360
Original List Price $1,400,000
Date Updated March 19, 2025
Date Created March 27, 2024

Financials not available online. Please inquire with your agent for more details.

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Listing Provided By

Dale Simpson an agent of Mendo Sotheby's International Realty, Fort Bragg Branch. Lic #01846521


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 19, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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