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Investment Highlights

  • Historic multi-level venue formerly operating as Paramount Theatre and OPT Nightclub.
  • Open-plan ground floor includes a full bar, commercial kitchen, and restroom facilities.
  • Equipped with 40 solar panels for enhanced energy efficiency and reduced costs.
  • Mezzanine offers scenic deck space, secondary bar, and versatile event functionality.

Executive Summary

A historic property in the heart of Echuca presents a rare acquisition opportunity for investors and operators seeking a versatile multi-level venue. Previously home to the Paramount Theatre and later OPT Nightclub, this asset offers exceptional adaptability for hospitality, entertainment, or entirely new business concepts. Spanning multiple levels and equipped with 40 solar panels, the property delivers both character and sustainability for forward-thinking ventures.
The venue’s layout supports a variety of configurations: a ground floor featuring an open-plan setting with a bar, commercial kitchen, and restroom facilities; a mezzanine level offering an elevated viewpoint complete with bar and outdoor deck; and an upper level tailored for live music or nightlife with a dance floor, DJ booths, and additional bar service. Situated in Echuca’s thriving CBD, the property benefits from heavy pedestrian traffic and proximity to local retail and tourism attractions fueled by the Murray River economy.
Whether revitalized as a landmark entertainment destination or converted into an innovative hospitality space, this building reflects a unique opportunity with significant upside potential in a regional market recognized for year-round visitor flow and a vibrant community atmosphere.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
6,394 SF
Building Class
C
Price
$2,058,377 CAD
Price Per SF
$321.94 CAD
Tenancy
Single
Building Height
3 Stories
Building FAR
0.99
Lot Size
0.15 AC

Amenities

  • Mezzanine
  • Accent Lighting
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • Ground
  • 2,928 SF
  • Retail
  • -
  • Now

The ground level serves as the primary hub for hospitality or event operations, designed with an expansive open-plan format that allows for significant flexibility in layout and concept. This level is already fitted with a fully equipped bar and a commercial kitchen, creating opportunities for immediate use as a dining or beverage service venue. Customer amenities such as restrooms are conveniently positioned on this floor, supporting seamless operations. The open space can accommodate varied business models including bars, restaurants, or entertainment-focused ventures, making it highly functional for high-traffic customer engagement. The property incorporates a sustainability advantage with 40 solar panels installed, significantly reducing operating costs and aligning with energy-conscious operations. Occupying a position within Echuca’s thriving central business district, it enjoys proximity to the Murray River tourism corridor and steady pedestrian exposure, amplified by the district’s hospitality and cultural activity. The multi-level structure, historic character, and adaptable design create a rare opportunity for businesses seeking scalability, visibility, and functional infrastructure in a premium regional location. Downstairs and mezzanine floors can be leased together; please contact agent for more information. Asking rent for the whole building is $110,000.

  • 1st Floor
  • 2,928 SF
  • Retail
  • -
  • Now

Designed for dynamic, high-energy atmospheres, the upper level is configured as an entertainment-driven zone. Key features include a dedicated dance floor, multiple DJ booths, and a third bar, making it optimal for live music, nightlife concepts, or other event-based uses. Additional restroom facilities ensure this level can operate independently or as part of a multi-floor event setting. With generous ceiling heights and open space planning, it could also transition to alternative uses such as a boutique fitness or wellness facility, demonstrating its adaptability across multiple industries. The property incorporates a sustainability advantage with 40 solar panels installed, significantly reducing operating costs and aligning with energy-conscious operations. Occupying a position within Echuca’s thriving central business district, it enjoys proximity to the Murray River tourism corridor and steady pedestrian exposure, amplified by the district’s hospitality and cultural activity. The multi-level structure, historic character, and adaptable design create a rare opportunity for businesses seeking scalability, visibility, and functional infrastructure in a premium regional location. The upper level is able to be leased separately; please contact agent for more information. Asking rent for the whole building is $110,000.

  • Mezzanine
  • 538 SF
  • Retail
  • -
  • Now

Overlooking Hare Street and the main floor, the mezzanine level offers a versatile secondary environment perfect for premium guest zones. The space includes an additional bar and benefits from an adjoining outdoor deck, which adds a unique alfresco element that can be used year-round. This upper vantage point is suitable for VIP lounges, exclusive dining areas, intimate event settings, or even breakout social areas during large functions. Its configuration naturally complements the activity of the ground level while providing enhanced experiences for select patrons. The property incorporates a sustainability advantage with 40 solar panels installed, significantly reducing operating costs and aligning with energy-conscious operations. Occupying a position within Echuca’s thriving central business district, it enjoys proximity to the Murray River tourism corridor and steady pedestrian exposure, amplified by the district’s hospitality and cultural activity. The multi-level structure, historic character, and adaptable design create a rare opportunity for businesses seeking scalability, visibility, and functional infrastructure in a premium regional location. Downstairs and mezzanine floors can be leased together; please contact agent for more information. Asking rent for the whole building is $110,000.

Space Size Space Use Position Available
Ground 2,928 SF Retail - Now
1st Floor 2,928 SF Retail - Now
Mezzanine 538 SF Retail - Now

Ground

Size
2,928 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size
2,928 SF
Space Use
Retail
Position
-
Available
Now

Mezzanine

Size
538 SF
Space Use
Retail
Position
-
Available
Now

Ground

Size 2,928 SF
Space Use Retail
Position -
Available Now

The ground level serves as the primary hub for hospitality or event operations, designed with an expansive open-plan format that allows for significant flexibility in layout and concept. This level is already fitted with a fully equipped bar and a commercial kitchen, creating opportunities for immediate use as a dining or beverage service venue. Customer amenities such as restrooms are conveniently positioned on this floor, supporting seamless operations. The open space can accommodate varied business models including bars, restaurants, or entertainment-focused ventures, making it highly functional for high-traffic customer engagement. The property incorporates a sustainability advantage with 40 solar panels installed, significantly reducing operating costs and aligning with energy-conscious operations. Occupying a position within Echuca’s thriving central business district, it enjoys proximity to the Murray River tourism corridor and steady pedestrian exposure, amplified by the district’s hospitality and cultural activity. The multi-level structure, historic character, and adaptable design create a rare opportunity for businesses seeking scalability, visibility, and functional infrastructure in a premium regional location. Downstairs and mezzanine floors can be leased together; please contact agent for more information. Asking rent for the whole building is $110,000.

1st Floor

Size 2,928 SF
Space Use Retail
Position -
Available Now

Designed for dynamic, high-energy atmospheres, the upper level is configured as an entertainment-driven zone. Key features include a dedicated dance floor, multiple DJ booths, and a third bar, making it optimal for live music, nightlife concepts, or other event-based uses. Additional restroom facilities ensure this level can operate independently or as part of a multi-floor event setting. With generous ceiling heights and open space planning, it could also transition to alternative uses such as a boutique fitness or wellness facility, demonstrating its adaptability across multiple industries. The property incorporates a sustainability advantage with 40 solar panels installed, significantly reducing operating costs and aligning with energy-conscious operations. Occupying a position within Echuca’s thriving central business district, it enjoys proximity to the Murray River tourism corridor and steady pedestrian exposure, amplified by the district’s hospitality and cultural activity. The multi-level structure, historic character, and adaptable design create a rare opportunity for businesses seeking scalability, visibility, and functional infrastructure in a premium regional location. The upper level is able to be leased separately; please contact agent for more information. Asking rent for the whole building is $110,000.

Mezzanine

Size 538 SF
Space Use Retail
Position -
Available Now

Overlooking Hare Street and the main floor, the mezzanine level offers a versatile secondary environment perfect for premium guest zones. The space includes an additional bar and benefits from an adjoining outdoor deck, which adds a unique alfresco element that can be used year-round. This upper vantage point is suitable for VIP lounges, exclusive dining areas, intimate event settings, or even breakout social areas during large functions. Its configuration naturally complements the activity of the ground level while providing enhanced experiences for select patrons. The property incorporates a sustainability advantage with 40 solar panels installed, significantly reducing operating costs and aligning with energy-conscious operations. Occupying a position within Echuca’s thriving central business district, it enjoys proximity to the Murray River tourism corridor and steady pedestrian exposure, amplified by the district’s hospitality and cultural activity. The multi-level structure, historic character, and adaptable design create a rare opportunity for businesses seeking scalability, visibility, and functional infrastructure in a premium regional location. Downstairs and mezzanine floors can be leased together; please contact agent for more information. Asking rent for the whole building is $110,000.

  • Listing ID: 40183531

  • Date on Market: 2026-04-17

  • Last Updated:

  • Address: 272-276 Hare St, Echuca, VIC 3564

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