1320 Atlantic Avenue, Benson, MN 56215 (MLS# 7032870)

1320 Atlantic Avenue, Benson, MN 56215

$234,900

Property Type: Commercial Bedrooms: 2 Baths: 2 Square Footage: 6,350 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $234,900 List Date: 3/09/2026 Last Modified: 9/17/2026

Overview

Description

Historic DeMarce Theater – Turnkey Entertainment & Investment Opportunity Unique opportunity to own the fully refurbished DeMarce Theater, a turnkey entertainment venue located in downtown Benson. The building occupies a (41’ x 130’) city lot and is commercially zoned, offering excellent visibility and versatility for continued theater operations, events, or entertainment use. The theater features a welcoming 30’ x 34’ lobby with a fully equipped concession area including popcorn machine, butter dispenser, refrigerator, freezer, pizza oven, nacho cheese warmer, chip and pretzel warmer, mini-donut oven, food carts, candy carts, and digital menu display screens. Two Square POS systems with card readers and printer are included. A major bonus to the property is the active food, beer, and wine license, allowing expanded concessions, private events, and additional revenue opportunities. The auditorium seats approximately 156 guests in comfortable rocker chairs with cup holders and ... (Read more) Historic DeMarce Theater – Turnkey Entertainment & Investment Opportunity Unique opportunity to own the fully refurbished DeMarce Theater, a turnkey entertainment venue located in downtown Benson. The building occupies a (41’ x 130’) city lot and is commercially zoned, offering excellent visibility and versatility for continued theater operations, events, or entertainment use. The theater features a welcoming 30’ x 34’ lobby with a fully equipped concession area including popcorn machine, butter dispenser, refrigerator, freezer, pizza oven, nacho cheese warmer, chip and pretzel warmer, mini-donut oven, food carts, candy carts, and digital menu display screens. Two Square POS systems with card readers and printer are included. A major bonus to the property is the active food, beer, and wine license, allowing expanded concessions, private events, and additional revenue opportunities. The auditorium seats approximately 156 guests in comfortable rocker chairs with cup holders and also includes 12 tables and chairs for flexible seating arrangements. A rooftop air conditioning unit was installed in 2023. The theater includes a 16’ x 30’ screen and a new 2025 Barco SP2K-9S Smart Laser digital projector, along with a professional 5.1 Dolby Surround Sound system featuring QSC audio components including amplifiers, stage speakers, surround speakers, and an 18” subwoofer. Additional building features include a basement under the lobby (30’ x 34’) with electric water heater, projector room, office space with bathroom, and storage areas. The property also includes an income-producing apartment currently rented, featuring 2 bedrooms, 2 full bathrooms, hardwood flooring, washer and dryer, electric stove and refrigerator, split heating and cooling unit, and separate 100-amp electrical service. This is a rare opportunity to purchase a fully operational theater with updated projection equipment, seating, concessions, and built-in rental income. Ideal for an owner/operator, entertainment group, or investor looking for a unique downtown destination property.

Listing Details MLS# 7032870

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront YN: No
Year Built: 1918
Yearly/Seasonal: Yearly
Zoning: Business/Commercial, Residential-Single Family
Foundation Size: 5330
For Sale or Lease: For Sale
Acres: 0.12
Lot Dimensions: 42 130 41 130
Assessment Pending: No

Property Features

Accessible: None CMU Style: Business Opportunity Construction Status: Previously Owned Current Use: Other Exterior: Block Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air On Site Utilities: Heating Separate Owner Pays: Other; Sewer; Trash Collection; Water Sewer: City Sewer/Connected Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Contingency: Sale of Another Property
ListPrice: 234900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1320
Street Name: Atlantic
Street Suffix: Avenue
Postal City: Benson
County: Swift
State: MN
Zip Code: 56215
Complex/Dev/Subdivision: City Of Benson

Assessments

Tax With Assessments: 796

Building Information

Building Finished SqFt: 5330
Building SqFt: 6350

More Information

Income and Expenses

Annual Electric Expense: 4653.38
Annual Fuel Expense: 2566.52
Annual Gross Expenses: 81593.4
Annual Gross Income: 108099.77
Annual Insurance Expense: 5134.48
Annual Net Income: 13526.84
Annual Trash Expense: 1621.62
Annual Water/Sewer Expense: 1152.96
Total Annual Expenses: 81593.4

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Sale Options

Sale Includes: Fixture/Equipment

Unit 1

Unit Number: Yes
Monthly Rent: 450
Full Baths: 2
Total Bathrooms: 2
Total Bedrooms: 2
Total Rooms: 5
Level: 2nd Level
Unit Total SqFt: 594
Leased?: Yes
Lease Expiration Date: 2026-05-01

Unit 2

No. of 2 Bedroom Units: Yes

Unit Details

Total Units: Yes

Listing Office: Zielsdorf Auction & Real Estate

Last Updated: September - 17 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

1320 Atlantic Avenue, Benson, MN 56215 (MLS# 7032870)