126 W North Commerce Street, Wills Point, Texas 75169

TX, Wills Point
$275,000
  • 0.13 Acre
  • Commercial Sale Property Type
  • 1926 Year Built
  • Closed Status
Brian Norvell
Brian Norvell Norvell & Co Real Estate
  • +1 214 991 0368
  • NorvellRealEstate@gmail.com
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.

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 20294575
  • Price: $275,000
  • Year Built: 1926
  • Lot Area: 0.13 Acre
  • Listing Status: Closed
  • Office Name: Century 21 NexGen Realty
  • Agent Name: Sherry Scott Moore
  • Property Sub Type: Business
  • Roof: Tar/Gravel
Features
  • Heating System Central
  • Cooling System Central Air
  • Parking On Street
  • Utilities Sewer Available
  • Flooring Carpet
  • Sewer Public Sewer
Address Map
  • Country US
  • State TX
  • County Van Zandt
  • City Wills Point
  • Zipcode 75169
  • Street: North Commerce
  • Street Number: 126
  • Street Suffix: Street
  • Directions: From Hwy 80 in Wills Point, turn North on 5th Street, go across the RR tracks, turn right, Majestic Theater on the left.
  • Street Dir Prefix: W
Additional Information
  • Virtual Tour: https://www.propertypanorama.com/instaview/ntreis/20294575
  • Building Size: 5750
  • Business Type: Other
  • Community Features: Curbs
  • Construction Materials: Brick
  • Foundation Details: Pillar/Post/Pier
  • Lot Features: Corner Lot
  • Number Of Units Total: 1
  • Possible Use: Food Service,Medical/Dental,Office,Other,Place of Worship,Restaurant,Retail,Warehouse,Wholesale
  • Stories Total: 2
Financial
  • Tax Annual Amount: 3682.0
Listing Information
  • List Agent Mls Id: 0346062
  • List Office Mls Id: LROE01
  • Listing Term: Cash,Conventional,1031 Exchange
  • Mls Status: Closed
  • Modification Timestamp: 2025-03-31T14:02:06Z
  • Originating System Name: NTR
  • Status Change Timestamp: 2025-03-31T09:01:35Z
MLS On The Fly

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