Image Source: The Herald-Times
The former AMC theater on Bloomington’s east side has officially been sold for nearly $5.3 million, a significant development for the local real estate market. This landmark transaction took place on January 30, 2026, marking a new chapter for the property which had served as a cinema for many years.
Details of the Property Sale
Located at 1351 S. College Mall Road, the property encompasses nearly 8 acres and lies just northeast of the intersection of East Moores Pike and South College Mall Road/South Sare Road. The sale has garnered attention due to the previous closure of the AMC theater in September 2023.
The decision for the theater’s closure was influenced by several factors, primarily the age of the facility and escalating maintenance costs. An AMC spokesperson had previously mentioned, “We routinely review the theatres in our circuit, as well as opportunities outside of our circuit and make decisions based on what will best strengthen the company going forward.”
Who Purchased the Former AMC Theater?
The property has been acquired by Curry Limited Partnership of Bloomington. The partnership purchased the site for $5,280,000, significantly higher than its most recent assessed value of $1.6 million. This transition follows the previous ownership by NNN REIT LB, which had acquired the property for $6.3 million in 2007.
About Curry Limited Partnership
Curry Limited Partnership, established in 1998, is headed by Cary K. Curry, whose business endeavors include the nearby Curry Auto Center. The new owners have also expressed interest in potential future developments but currently have no specific plans. As Joseph Curry stated, “We’ve had a few discussions about what to do with the former AMC theater property, but at this time, there are no plans. Stay tuned.”
The Impact of the Sale on the Community
The sale of the former AMC theater property is likely to have various implications for the surrounding community. While the theater’s closure was a loss for moviegoers, the new ownership opens doors for potential redevelopment that could benefit local residents.
With discussions ongoing about the future use of the former cinema space, community members are eager to see what innovative ideas the new owners will bring to the table. The theater had been a staple in Bloomington, and its transformation may reflect broader trends in real estate and community entertainment.
Looking Ahead
As local developers continue to explore new opportunities within Bloomington, the fate of the former AMC theater remains uncertain. However, the keen interest shown by the Curry Limited Partnership suggests that its potential could lead to exciting new ventures within the city.
Frequently Asked Questions
What prompted the closure of the AMC theater in Bloomington?
The closure was primarily due to the theater’s age and increasing maintenance costs, which made it challenging for AMC to keep the facility operational.
Who purchased the former AMC property?
The property was bought by Curry Limited Partnership of Bloomington for approximately $5.3 million.
What are the future plans for the former AMC theater location?
At present, there are no specific plans for redevelopment, though the new owners have indicated they are open to discussions about its future use.
Where is the former AMC theater located?
The theater is situated at 1351 S. College Mall Road, covering nearly 8 acres northeast of East Moores Pike and South College Mall Road.
How is the sale significant for the Bloomington community?
The sale marks a potential shift in how the property could be utilized, impacting local development and entertainment options in the area.
