For Sale: Interplayers Building

So have you ever wanted to own your own theater?  Now's your chance...kind of.  The Interplayer's building is up for sale for the asking price of $1.1 million.  The one condition is that the theater organization will be able to lease back all of their existing space critical to putting on performances.  That arrangement should still leave about 5k-7k sqf to do whatever floats your boat.

Our choice:  buy it, lose the wall of glass blocks, lease back space to Interplayers while opening a bar/lounge restaurant on the ground floor.  Theaters generate large volumes of people wanting to spend money on good food and drink (NOTE: AMC, Fox, Magic Lantern, Crosby).  And anyways, wouldn't more evening foot-traffic of the positive kind be nice south of the viaduct?

• Listing: Interplayers Building [Cornerstone]
• Wall St. Condos - Bonus Project? [metrospokane]

Comments

[Jon]

Does this mean the Wall St. condo project is back on?

[Bart Mihailovich]

I really enjoy thinking of the possibility of some new progressive theatre in Spokane. Something witty, edgy, something that can be artful but unique and risky. There was a great one in Butte Montana called Buttenik Ensemble - Butte just wasn't ready for that sort of entertainment. Something like that would flourish here in Spokane. You get people through the doors with a 7-10 dollar ticket and sell beer, let patrons drink in the theatre, sell snack food at intermission, and always have good food before and after - the possibilities are endless.

[METROSPOKANE]

"Does this mean the Wall St. condo project is back on?"

Kinda doubt it, but if it were, having that many people living next door would be a nice thing for a restaurant/bar owner.

[Brian A. Sayrs]

Metro: your choice is one of the scenarios we envisioned when we offered it the building for sale.

This move is good for Interplayers because it releases it to do what it does best: performance, not building management. It's good for the patrons because the ticket price goes to the entertainment, not for the maintenance of an entire building. And it's good for Spokane precisely for the reasons you cite above: it will generate more opportunities for cultural activity.

Cities are best when they're well-used. Hopefully, this offering will inspire someone to create something great for Spokane.

[Kate]

The bar/restaraunt *would* be great. Here's hoping something works out nicely!