Colonial Theater in Belfast, Maine
The Colonial Theatre in vibrant downtown Belfast, Maine is for sale.
The Colonial Theatre, an art deco movie theatre is for sale in vibrant downtown Belfast, Maine. Built as a single screen cinema in 1912, the movie theater burned down in 1928 but was rebuilt better than ever and has operated continuously ever since. In the more than 109 year history there have been three owners. We are now looking for the fourth.
Three Cinemas In One
The Colonial Theatre has 3 movie screens in the three theatres. The three theatres are named after former movie theatres in Belfast; the Star with 120 seats, City with 120 seats, and the signature Dreamland with 160 seats, a wraparound balcony, and a wide stage with curtain for live performances.
The Colonial has hosted special film events, live music, comedy, poetry, speakers, plays, rehearsals, conferences, recording sessions, weddings, parties, film festivals, and much more.
Located on the midcoast of Maine at the head of Penobscot Bay, Belfast is Maine's biggest little city. The Colonial Theatre is in the heart of downtown Belfast, just steps away to the bustling and busy town with many restaurants, shops, and services and steady foot, bicycle, and automobile traffic year round.
Belfast attracts many locals and tourists thanks to its enviable location along Penobscot Bay, coastal Route One, the intersection of Route Three, the Belfast Rail Trail and Harbor Walk, the Armistice footbridge, numerous parks and many things to do and see including crafts, arts, museum, and a wonderful Belfast Free Library.
Belfast Maine is a town that welcomes tourists but it isn’t a “tourist town.” Busy all four season Belfast has to enforce parking laws in February! It’s that busy. Belfast is growing quickly and the Colonial Theatre is one of the many reasons people love and enjoy Belfast. The Colonial Theatre is for sale and searching for the right buyer to take this historic and busy Belfast icon into the future.
The Colonial Theatre “business” is listed for sale with
Juliet Kelsey-Holmes, Owner/Advisor
Maine Business Advisors LLC
2 Beech St. Suite 201 Hallowell, Maine 04347
The Colonial Theatre “property” is listed for sale with
Worth Real Estate Inc.
1118 High St. Belfast ME 04915
Down Payment: $0
Sellers Discretionary Earnings: $50,000
Total Sales: $384,000
Location: Belfast, ME
Employees: 14 part-time plus manager
Year Established: In operation since 1912.
Reason for Selling: Retirement
Business Website: https://colonialtheater.com/