Rent/Buy Historic Theater For Just $1.00

posted by alpetti on May 26, 2005 at 6:57 am

NEW LONDON, CT — This Historic Theater, in the heart of New London’s Downtown. a National Register Historic District, is “desperately seeking” a Developer with Imagination and Resources to bring her back to life! PRICE IS NEGOTIABLE.

If you have a good idea and the ability to put idea into action, we will talk to you. The Capital is a former 100-seat vaudeville theatre. Named by National Trust for Historic Preservation as one of the USA’s most significant historic theaters in need of development! Building is owned by City of New London. Sale contingent upon proposed use, and must be approved by New London City Council. Interior and facade need extensive renovation. New Roof installed in 2000. Main floor and balcony; stage; three floors and lobby.

Become a part of Downtown New London’s Exciting Rebirth!

For more info, visit:


**“New London, Conn., best-priced U.S. city
Survey ranks it 1st when costs, jobs, pay are combined” (See this report from the San Francisco Chronicle.)

**“New London topped our list with salary ranges above the national average, a low cost of living, and a low unemployment rate.” (See’s Salary Value Index.)

Comments (4)

richardg on May 26, 2005 at 5:00 pm

Roger, what do you think? It’s your part of the country.

Roger Katz
Roger Katz on May 26, 2005 at 7:34 pm

That 100-seat comment is erroneous. It should probably be 1000-seat. I went to college in New London and I’ve always said that if I won the $200 million Powerball then I’d love to restore this theatre. I’m sure whoever buys it will not use it as a theatre. It can’t be a live performance venue because the Garde Theatre is right around the corner. Southeastern Connecticut desperately needs an art cinema, but 1000 seats is a bit too big for that. Maybe it could be carved up into a multiplex and show art films, but that would not honor the original interior. Whatever happens to it, it is going to cost many millions of dollars to renovate whether as a theatre, cinema, or some other use (retail, condos, etc.)

Roger Katz
Roger Katz on May 26, 2005 at 7:40 pm

The theatre is listed here on Cinema Treasures at /theaters/2426/

James Colburn
James Colburn on May 29, 2005 at 3:16 pm

Man this is a sweet deal as far as building! Someone with our group better grab this deal.
If I wasnt a Texas Boy I would!

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