250 Main Street, Lander, WY 82520

Property Description

SHOWTIME! Own a piece of cinematic history, a local entertainment venue with multiple suites and revenue opportunities in the central, heart of Main Street blocks of Lander, Wyoming. This iconic, special-purpose commercial property, a Lander legend landmark since 1929, is now available for the first time in decades. Boasting immense character, a prime location and a track record that has stood the test of time as a successful entertainment hub, this is an unmatched investment opportunity. A true community cornerstone, this locally treasured property has hosted generations of memorable performances, and behind the modern-day movie screen, you can step back in time onto the relic stage with the artifact curtain carriers and pulleys, and most endearing, see the handwritten notes from performers scribed on the walls and beams of the structure dating back to the 1930s. The property is situated in the bustling Main St blocks between 2nd and 3rd Street alongside popular restaurants, shops, breweries and with superior visibility and high traffic frontage. The facility is still in operation and lights up Main Street with its recognized marquee and lit archways across the building front. There is a generous 200+ seating capacity, with plush, updated seats and the theatre features a large balcony. The lighting, ceiling and radiators maintain the vintage charm, while the HVAC was updated in 2019-2020, and the roof was resealed (foam) in 2025. There is an operable concession stand, spacious lobby and box office area that is perfect for events and pre-show gatherings, and two sets of restroom facilities. The zoning is in the flexible commercial district with continued use potential as a theatre, live performance venue or potential conversion into a unique event space or mixed use development (subject to local City government approvals). In addition to the theatre, the property has two additional office fronts, one currently leased as a photography studio, and the upstairs has a full apartment with designated access from the exterior. The apartment is complete with a full kitchen and laundry facilities. Not only do the additional suites provide opportunity for additional revenue sources, they also provide opportunity for expansion and growth opportunity to the theatre. In total, and including the theatre balcony, the property offers over 8,000 finished sq ft plus a 900 sq ft unfinished basement that hosts the mechanical area and old dressing rooms from the beginning of its time. This is a special piece of real estate, it is a beloved community establishment where the community attaches fond memories and nostalgia. The venue is perfect for experienced theatre operators looking to expand their portfolio, investors seeking a unique, high-potential & appreciable commercial property with additional income opportunity and entrepreneurs with a vision for versatile art, performance, music, dance and/or event space (concerts, keynote speakers, private screenings, etc). The listing includes real estate only.