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126 W North Commerce Street Wills Point, TX 75169
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision Original
MLS Listing ID 20294575
Sold Date 03/28/25
Total Fin. Sqft 5750
Year Built 1926
Annual Tax Amount $3,682
Lot Size 5,749 Sqft
Acres 0.132
Property Sub-Type Business
Property Description
Historical Wills Point Landmark- Step back in time to the good old days - when going to the show was a special treat! The Majestic Theater on the brick streets of downtown is a one of a kind venue!Perfect for dinner theater, but the possibilities are endless! Upstairs balcony has a small seating area with the projection booth and attic storage. Downstairs is the office, ticket booth, concession area with storage, 2 bathrooms, entry hallway and of course the main theater area with stage. There is also a back office with a separate outside entrance on 5th Street.
Alley way on the back portion, frontage on 5th Street and WN Commerce Street. Wills Point ISD. Owned by the Lybrand family since 1926, when Mr Lybrand played the trumpet and Mrs. Lybrand played the piano for silent movies. They passed to their son Karl, who ran the show for many years.His son Karl operated until closing.The doors closed in 2010.The longest running,single screen,family owned theater in the southwest region.
Location
State TX
County Van Zandt
Zoning commercial
Direction From Hwy 80 in Wills Point, turn North on 5th Street, go across the RR tracks, turn right, Majestic Theater on the left.
Interior
Heating Central
Cooling Central Air
Flooring Carpet
Heat Source Central
Exterior
Utilities Available City Sewer
Roof Type Tar/Gravel
Garage No
Building
Lot Description Corner Lot
Foundation Pillar/Post/Pier
Structure Type Brick
Others
Ownership Lybrand
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
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Bought with Sherry Scott Moore • Century 21 NexGen Realty
As a resident of the Lakewood/East Dallas community Marissa can provide personal insight into our neighborhood. As a native of Dallas, Marissa attended SMU to obtain her business degree from the Cox School of Business, after 10 years in corporate America her experience in negotiating with International firms transfers directly into her real estate business. High Integrity, honesty, and a passion for people make working with Marissa a delight. As a by-referral realtor Marissa is 100% committed to you and your real estate goals. Marissa has extensive sales knowledge in various areas of the metroplex including, but not limited to Lakewood, Preston Hollow, Park Cities, Hollywood Heights, M Streets, and Lake Highlands.
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