Imagine this: you could be the owner of a retro-style drive-in cinema just east of Buda.
Doc’s Drive-In Theater recently debuted on the market with a list price of nearly $4 million ($3.999 million, to be precise). The deal would include the business itself, as well as land and structures.
The 7.9-acre property near I-35 includes the theater setup as well as three fully furnished movie-themed rental casitas and a private members-only speakeasy-style club. Also included in the sale is the commercial kitchen and bar. The theatre, casitas and club remain open.
The SEO notes that there is “potential for growth and improvement” of the existing business or complete redevelopment of the site.
Chris and Sarah Denny, a couple from central Texas, opened the theater at 1540 Satterwhite Rd., in 2018. Before construction began, cattle roamed the property.
The Dennys “took a chance on a shared dream and spent incredible time and effort perfecting the systems and layout that would deliver unparalleled entertainment to audiences throughout Central Texas,” the director said. the theater’s website says.
“Inspired by the drive-in experience at the height of drive-in popularity in the 1950s and 1960s, Chris and Sarah decided that, in the spirit of Austin’s free-thinking culture, they would upgrade their drive-in to include so much more.”
The Dennys announced the project in 2017.
“Cine-parks only offer one thing: films. With Doc’s Drive-In Theater, we want to create an immersive cinematic experience for individuals and families. Guests can come see a movie but stay overnight, and we will provide the amenities expected of comfortable accommodation,” Chris Denny said at the time.
Now the Dennys are selling the drive-in after moving last year to San Marcos and the recent arrival of their baby.
“While they would like the legacy of the business to continue with the next owner, the property itself is so special and versatile that new owners will be able to adapt the space to make it their own,” says Ezra Cruz , which shares the listing with Douglas Elliman Realty colleague Michael Reisor.