10 S Parkside Dr - Sports and Entertainment FOR SALE


Colorado Springs, CO 80910- Memorial Park
$3,500,000 USD
719-659-7522
10 S Parkside Dr, Colorado Springs, CO for Sale
$3,500,000 USD
Sports and Entertainment - FOR SALE
1/5
null | Request Cap Rate

10 S Parkside Dr
Colorado Springs, CO 80910
Memorial Park


HIGHLIGHTS

  • Iconic ±15,500 SF freestanding dome-style theatre situated on ±2.37 acres of land
  • Offered at $3,500,000 for the real estate; operating business also available (price negotiable)
  • Extensively renovated with upgraded HVAC, fire suppression, electrical, and plumbing systems
  • Established live entertainment and event venue with over 15 years of continuous operations
  • Hosts concerts, film screenings, corporate events, private functions, and community gatherings
  • All furniture, fixtures, and equipment (FF&E) included for a turnkey acquisition

OVERVIEW

Offered for sale is Stargazers Theatre & Event Center, a truly one-of-a-kind entertainment and event property featuring an iconic dome-style theater situated on approximately 2.37 acres of land. The offering includes a ±15,500 square foot freestanding building and is priced at $3,500,000 for the real estate. The operating Stargazers Theatre & Event Center business is also available for purchase, with pricing negotiable, and all furniture, fixtures, and equipment are included in the sale. This is a rare opportunity to acquire a landmark experiential asset with both real estate and going-concern value. www.stargazerstheatre.com Originally constructed in 1969 as a United Artists Cinema 150 Cinerama Theatre and designed by noted architect Vincent G. Raney, the building remains one of the few surviving examples of this distinctive dome-theatre design. The property was extensively renovated and modernized prior to reopening in 2009, with significant infrastructure upgrades including HVAC, fire suppression, electrical, and plumbing systems, while preserving its architectural character. Since that time, Stargazers Theatre & Event Center has operated continuously for more than 17 years as a premier live entertainment and event venue, hosting hundreds of concerts, film screenings, tribute shows, corporate seminars, private events, fundraisers, and community gatherings, and has developed strong brand recognition and goodwill within the market. The substantial land component provides ample parking and presents additional upside potential for outdoor events, future expansion, or complementary uses, subject to zoning and approvals. The property may appeal to owner-operators, investors seeking experiential real estate, or buyers interested in repositioning a unique architectural asset. This offering represents a rare opportunity to acquire an irreplaceable entertainment venue with established operations, excess land, and significant long-term potential.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Stargazers Theatre and Event Center

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

2.37 AC

LAND SF

103,237 SF

ZONING

PBC, CO Springs

APN/PARCEL ID

64163-01-002

ASK ABOUT THIS PROPERTY

John HootonStargazers Theatre & Event CenterMore Info
719-659-7522

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John HootonStargazers Theatre & Event CenterMore Info
719-659-7522

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.