A nearly century-old Minneapolis landmark could be yours for just under $2 million.
Longtime owner Gary Kirt is selling the Music Box Theater, built in 1920 as the Loring Theater. The roughly 450-capacity theater in Loring Park is the original home of Triple Espresso, a popular and long-running comedy musical show that returns annually to the theater.
The Music Box, located at 1407 Nicollet Ave. S. near the Minneapolis Convention Center, is listed as a “once-in-a-lifetime opportunity” with an asking price of $1.95 million.
Mike Perkins, the broker with Colliers International handling the sale, said in the months it’s been for sale there have been a number of interested buyers, including those who would keep it as a theater and even prospective night club developers. The Music Box is also available for long-term leases.
The Heritage Preservation Commission and the City of Minneapolis officially accredited the theater, which didn’t get its current name until 1993, as a Minneapolis Historical Landmark in 1990. It’s known for its Classical Revival architectural style from architects Serenus Colburn and Frederick Kees, who also designed Minneapolis City Hall, the Advance Thresher Building and the Masonic Temple building.
The theater is the original venue of Triple Espresso, which ran from 1995 to 2008. The show has since travelled around the United States and six other countries, though an iteration of the show returns to the Music Box every holiday season. Perkins said the show is so popular that many know the theater as the Triple Espresso venue rather than the theater’s actual name.
Perkins is listing the nearly 16,000-square-foot theater as a venue for theater productions, concerts, conventions, weddings and more. The Music Box currently has a production management company on site.