11 E Broadway
Salem, NY, 12865 $ 499,000
Bedrooms-- Baths2.0 Sq 6,479 Monthly Estimate*
$ 3,151
for $499,000 with 2 full baths. This 6,479 square foot building was built in 1780 on a lot size of 0.61.
A rare opportunity to own this Pre-Revolutionary building while continuing to shape its future. Fort Salem Theater is one of Washington County's oldest & most recognizable performing arts venues dating back to the late 1700's, offering approximately 6,479 sq ft in the heart of Salem. Lovingly restored and thoughtfully improved since 2020, this fully operational theater blends historic character with modern functionality, creating a truly turnkey opportunity. Inside, guests are welcomed by the warmth and charm that only a historic theater can provide, including authentic audience seating from Broadway's legendary Helen Hayes Theatre, adding a unique connection to New York City's rich theatrical heritage. A professional proscenium stage, a secondary ''black box'' space, backstage dressing rooms, lobby, administrative space, and extensive theater infrastructure are all in place, allowing the next owner to continue operations from day one. The property has benefited from extensive capital improvements and growing attendance, reflecting strong community support and careful stewardship. Included in the sale is a substantial inventory of theater equipment and operational assets, providing exceptional value and minimizing startup costs. Since 2021 the theater has welcomed around 30,000 patrons, with year round, monthly events. While perfectly suited for continued live theater productions, Fort Salem Theater also lends itself to concerts, comedy performances, lectures, educational programming, weddings, private events, community gatherings, nonprofit organizations, houses of worship, and other assembly uses. Conveniently located within easy reach of New York's Capital Region, Southern Vermont, the Berkshires, and Saratoga Springs, Fort Salem Theater represents a rare opportunity to own an established regional destination where history, creativity, and community continue to take center stage. The history of Fort Salem Theater is attached in documents
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FeaturesInteriorInterior Amenities High Speed Internet
Basement Exterior Entry Full Interior Entry
Flooring Hardwood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 2
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GeneralSewer Septic Tank
Heating Forced Air Propane Tank Leased
Cooling Central Air
Possession At Closing Negotiable
Roof Slate
Zoning Commercial
Architectural Style Other
Construction Materials Brick
Year Built 1780
Electric 200+ Amp Service
Property Subtype Business
Current Use Business
Business Type Other
Business Name Fort Salem Theater
County Washington
New Construction N
Property Type Commercial Sale
Association Amenities None
HOA N
Attached Garage N
Status Active
Directions From Route 22 to Salem turn right at the light property is on the left
High School Salem
City Salem
High School District Salem
Lot Size Units Acres
Lot Size Square Feet 26572.0
Carport Y/N N
Elementary School Salem
Land Lease Y/N N
Tax Annual Amount 6932.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Tax Assessed Value 235000
Tax Lot 27.000
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ExteriorParking Features Stone Gravel
Lot Features Road Frontage Level
Water Source Public
Total Parking 30.0
Inclusions Business & Building Building & Land
Lot Size Area 0.61
Number of Buildings 1
Spa N
Building Area Total 6479.0
Lot Dimensions 205 x 128
Lot Size Acres 0.61
Waterfront Y/N N
Other Equipment Other
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList ByPenny SpiezioListing Agent
penny.spiezio@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,151
- Monthly Property Taxes
- $578
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Salem, NY
Average List Price $307,819
Percent of Sale Price 38%
About Salem, NY 2,675 Population
-1% Since 2002
$ 56,402 Median Income
48.4 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
2590264 Elementary School
853105 Middle School
Salem High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/28/2026 | $499,000 | | Listed Price |