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Investment Highlights

  • Unique Historic Asset
  • Low Risk asset with immediate income and 5.8% CAP

Executive Summary

Step into a piece of California history at the iconic Fillmore Town Theatre, a beautifully restored landmark originally built in 1916. Recently brought back to life, this approximately 7,000-square-foot theater features 325 seats and delivers an authentic, old-world ambiance that modern venues simply can’t replicate.
From live performances and classic film screenings to private events and special engagements, the theater’s layout and acoustics allow performances to truly resonate off its historic walls. Timeless architectural details create a memorable experience for both audiences and performers alike.
Well-suited for live shows, movie premieres, concerts, private rentals, and special events, the Fillmore Town Theatre also offers exceptional appeal as a film and television production location, with a proven Hollywood-friendly aesthetic and flexible use potential.
Investment Highlight: The current tenant has expressed interest in leasing the theatre back, providing a buyer with a low-risk asset and immediate income from day one, while still preserving long-term upside and flexibility.
This is a rare opportunity to acquire a revived, income-producing historic theatre with deep cultural roots and versatile future potential in the heart of downtown Fillmore.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,000 SF
Building Class
C
Year Built
1916
Price
$1,092,776 CAD
Price Per SF
$156.11 CAD
Cap Rate
6.35%
NOI
$69,410 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.13
Lot Size
0.14 AC
Zoning
C3
Frontage
38’ on Central Ave

Amenities

  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

U.S. Bank
Bank of the Sierra
IHOP
Vons
Super A Foods
Wells Fargo Bank
Bank of America
Starbucks
Sunbelt Rentals
Grocery Outlet

Property Taxes

Property Taxes

Parcel Number
053-0-071-170
Land Assessment
$130,296 CAD
Improvements Assessment
$14,477 CAD
Total Assessment
$144,773 CAD
  • Listing ID: 39215196

  • Date on Market: 2026-01-26

  • Last Updated:

  • Address: 336-338 Central Ave, Fillmore, CA 93015

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