East Bend Drive-In
Highway 67 and Speedway Drive,
East Bend,
NC
27018
Highway 67 and Speedway Drive,
East Bend,
NC
27018
4 people
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October 2016 Street View still shows what’s left of the screen, the base of the marquee is still there and the ticket booth is still intact.
I’m not sure. I actually was going to buy it, but I had promised myself to not go over $30k. I had a pre-qual drawn up to $35k just to have a little overhead. This bid was in and they wanted $33k and I stuck to my guns. I was planning on re-opening if I bought, but the ROI was suspect. I had quotes on screen ($85k), digital projector ($70k), building upfit ($100k) and new appliances in the concession stand (roughly $45k). So, roughly a $330k investment. Unfortunately, I’m not sure with a loan of nearly $3k a month, the location, the seasonal nature of drive-ins, etc. I could have really done that well. I probably could have made a living, and kind of hate I didn’t go a little higher just to have the land and see where it goes, but I am happy I stuck to my guns too. Easy to get auction fever and keep throwing the hand up.
So what are the new owners going to do with? It’s to bad that it could not be reopened.
Property sold this Saturday at absolute auction for $31,000. 6.3 acres, concession stand, ticket booth, dilapidated screen. Land is still nicely graded.
Closed in 1982.
Approx. location around 9299 North Carolina 67. Note: Speedway Dr. was to the LEFT of the drive-in next to the entrance; now to the RIGHT (rear) of where the drive-in is located.
Goggle Earth View 2009
thanks Silicon Sam.
On 67 East of town, at Speedway Drive, there’s still a screen, and what looks to be a ticket booth and projection building still standing. At least as far as the current image n Google Street View.
http://goo.gl/maps/Gvr6
It might have been off HWY 67 east of town,Not sure guys.