11 E Broadway, Salem, NY 12865 (MLS# 202622726)


$499,000
11 E Broadway
Salem, NY 12865
MLS# 202622726
2 baths  |  6479 sqft


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Property Description
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

Details
Maps
Documents
Contract Information
Original List Price: 499000
List Price/SqFt: 77.02
List Price/Acres: 818032.79
Status: Active
Property Sub Type: Business
List Price: $499,000
Listing Contract Date: 2026-07-27
Current Price: $499,000
Location
City/Town (Mail): Salem
Street Number: 11
Street Direction Prefix: E
Street Name: Broadway
County: Washington
State/Province: NY
Postal Code: 12865
Geo Lat: 43.172792
Geo Lon: -73.326582
Property Detail
Number Of Buildings: 1
Business Name: Fort Salem Theater
Parking Y/N: Yes
Lot Size Square Feet: 26572
Zoning: Commercial
Lot Size Dimensions: 205 x 128
Lot Size Acres: 0.61
Building Area Total: 6479
Main Road Frontage: 205
Waterfront Y/N: No
Land Lease Y/N: No
Year Built: 1780
Bathrooms Total: 2
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 534800 209.9-1-27
Tax Annual Amount: 6932
Tax Section: 209.09
Total Taxes Description: Estimated
Tax Block: 1
Tax Lot: 27.000
School District: Salem
Elementary School: Salem
High School: Salem
Directions & Remarks
Directions: From Route 22 to Salem, turn right at the light, property is on the left
Public Remarks: 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
Sewer
Septic Tank: 1
Association Amenities
None: 1
Current Use
Business: 1
Architectural Style
Other: 1
Electric
200+ Amp Service: 1
Financial Details
Full Market Assessment: 321000
Tax Assessed Value: 235000
General Taxes: 3399.98
General Taxes Description: Estimated
School Taxes: 3532.8
School Taxes Description: Estimated
Cooling
Central Air: 1
Basement
Exterior Entry: 1
Full: 1
Interior Entry: 1
Lot Features
Level: 1
Road Frontage: 1
Building Detail
Fire Sprinkler System Y/N: No
Building Ceiling Height: 30
Office Available SQFT: 400
Warehouse Ceiling Height: 14
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Broker
Possession
At Closing: 1
Negotiable: 1
Business Type
Other: 1
Flooring
Hardwood: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Sign on Property: 1
Special Listing Conditions
Standard: 1
Roof
Slate: 1
Water Source
Public: 1
Heating
Forced Air: 1
Propane Tank Leased: 1
Interior Features
High Speed Internet: 1
Other Equipment
Other: 1
Parking Features
Parking Total: 30
Gravel: 1
Stone: 1
Sale Includes
Building & Land: 1
Business & Building: 1
Status Change Info
Status Change Date: 2026-07-27
Property Features
Architectural Style: Other
Association Amenities: None
Basement: Exterior Entry; Full; Interior Entry
Construction Materials: Brick
Cooling: Central Air
Current Use: Business
Business Type: Other
Electric: 200+ Amp Service
Flooring: Hardwood
Heating: Forced Air; Propane Tank Leased
Interior Features: High Speed Internet
Lot Features: Level; Road Frontage
Other Equipment: Other
Parking Features: Gravel; Stone
Possession: At Closing; Negotiable
Roof: Slate
Sale Includes: Building & Land; Business & Building
Sewer: Septic Tank
Showing Requirements: 24 Hour Notice; Agent to Accompany; Sign on Property
Special Listing Conditions: Standard
Water Source: Public

IDX
Listing Courtesy of PennyDot Realty
Listing Agent: Penny M Spiezio
518-321-9767 | penny.spiezio@gmail.com
Source MLS Verified

Information deemed reliable but not guaranteed.