6-Plex Cinema Business and Building for Sale | Colchester CT

Gallery Cinemas at 396 Old Hartford Rd, Colchester, CT is a turnkey 6-plex digital movie theater for sale at $3,000,000, with the option to acquire the business and building together, the building alone, or the underlying 10.88-acre site as a redevelopment play. The 820-seat facility was built in 1999, sits directly off Route 2 Exit 18, and operates as eastern Connecticut’s established cinema venue, generating roughly $1,200,000 in annual revenue from ticket sales and concessions. The 19,742 SF building sits on a 10.88-acre parcel with 250 paved parking spaces (recently repaved). Construction is steel frame with masonry block, flat membrane roof in good condition, multi-zone propane rooftop HVAC, 200 amp 3-phase electrical, and a wet sprinkler system. All six digital projection systems, sound equipment, concession equipment, point-of-sale systems, and 820 seats are included in the sale (estimated FF&E replacement value $250,000+). The location captures a 15-minute drive ring of roughly 97,000 residents anchored by Colchester (population 15,555, median household income $114,505) and reaching into Norwich (40,125 residents) plus affluent feeder towns including Marlborough ($139,255 MHI) and Salem ($115,980 MHI). Route 2 Exit 18 places the property directly on the Hartford to Mohegan Sun and Foxwoods commuter and weekend leisure spine, exposing it to casino-bound traffic from a region drawing tens of millions of visitors annually. Mohegan Sun sits 16 miles south, Foxwoods 22 miles south, and Hartford 25 miles northwest. The nearest competing cinema is 18 miles away, leaving a genuine entertainment gap Gallery has owned for over two decades. Beyond the operating cinema and existing 19,742 SF building, the underlying 10.88-acre B-2 Commercial parcel is itself one of the largest contiguous commercial-zoned sites available along the Route 2 corridor between Hartford and the casinos. With 250 paved spaces, prior site work, full utilities (water, sewer, propane, 200 amp 3-phase), and direct interchange access at Route 2 Exit 18, the site supports development scenarios well beyond cinema use. Plausible redevelopment plays include retail center / anchored plaza, hospitality (limited-service or extended-stay hotel positioned for casino traffic), self-storage, fitness or family entertainment campus, restaurant cluster, medical office park, automotive sales / service campus, mixed-use commercial, or subdivision into multiple smaller commercial pads. Buyers can underwrite the deal as a stabilized cash-flowing asset, an adaptive-reuse target, or a pure land play depending on strategy. Zoned B-2 Commercial. The site supports continued cinema operation, conversion to indoor entertainment (bowling, esports, family entertainment center), restaurant or event venue with the existing concession infrastructure, retail repositioning, or redevelopment of the 10.88-acre parcel. APN COLC-000005-000010-000033. Reason for sale: owner retirement and business transition; motivated seller. Brokered by Commercial Connection LLC. Contact John G. Famiglietti at 203-596-7777 or [email protected] to tour the property, request the equipment list, or review revenue and operating statements under NDA.