sale6376 State Route 179, Sedona, AZ 86336

6376 State Route 179, Sedona, AZ 86336

Property ID: MLS 511117, Commercial.
$1,199,000
5,432 sqft202010

Property Description/Comments:

Cleverly designed, state of the art theater and event venue with special capabilities for broadcasting live events over the Internet in the heart of mystical Sedona.

Perfect for a theater or as a venue for training courses, seminars, retreats, classes, weddings and social events. Property occupancy is for 238 people on 5,432 total sq.ft. and 44 parking spaces. Three buildings include main theater/meeting hall with lobby, gift shop and food preparation area; public men/women restrooms; and office/storage. The theater is in walking distance from many hotels, which would normally host event attendees. Neighbor may be willing to rent empty lots for parking needs on larger events requiring overflow parking.

Property needs savvy owner who can manage the facility and rent the space out to the many speakers who come to Sedona every year to host their seminars, retreats, classes or other activities. Personalities like Deepak Chopra, Gregg Braden, Drunvalo Melchizedek and others choose Sedona to conduct many of their events because of the spiritual connection this city inspires in many of the attendees.  The benefit of being able to broadcast the event to followers all over the world via Internet is the key selling point.

The stage of this facility has been prepared especially for the recording of live events. The builders used specialized consultants to create the needed characteristics for a successful live recording. Key features of the stage are its black background and black ceiling; its special lighting; the angled ceiling in front of the stage.

There is a basic business plan of what this concept could net the lucky new owner who use the property for this purpose. With proper marketing and promotion the venue could breakeven in the first year and deliver an Operating Profit of about $500,000 per year after servicing debt (assumes loan of $1M at 6% over 30 years).

Property Features

  • Area: 45 – Village of Oak Cr
  • County: Yavapai
  • Subdivision: Commercial Only
  • Bathroom Features: Exterior, Separate M & W, Handicap
  • Exterior Features: Fenced Backyard, Sprinkler/Drip, Patio/Deck, Landscape, Handicap Access
  • Parking Features: 20+ Cars, Other – See Remarks, Off Street
  • Management Type: Owner
  • Cooling Type: Gas Pack, Refrigeration/Centrl, Heat Pump
  • Heating Type: Heat Pump
  • Heating/Cooling: Electric

 

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