12 N Augusta St, Staunton, VA 24401

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Sold Price
$925,000
List Price
$949,500

Property Description

Turn-key vintage cinema in the heart of downtown Staunton! Opened in 1937 and renovated in 2005, Visulite Cinema is a beloved local landmark featuring three screens with a combined 280 seats. The property includes a concessions area with beer and wine service and enjoys excellent visibility and foot traffic along N Augusta Street, just steps from restaurants, shops, and Mary Baldwin University. Visulite operates with a full schedule of first-run movies, a robust art house film series, and an array of special events, attracting both local patrons and year-round tourists—with strong revenue ($530k in 2024) and continued growth potential. Incredible opportunity for an owner-operator or investor to expand events, food & beverage offerings, or special programming. Zoned B2, the property also offers vertical expansion potential for apartments or additional commercial space above the existing theater.

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Listing courtesy of COTTONWOOD COMMERCIAL LLC. Selling Office: TRIANGLE REALTORS.