Owners of Tower Theater REALLY ANXIOUS TO SELL

This place is a dream, y'all.

This place is a dream, y'all.

I'm almost positive this is not how to sell a million dollar property.  That said, looking past the OMG CAPS LOCKS!!!!, this place's price has been sinking at an insane pace:

  • Oct 2006 – $2.6m
  • Feb 2007 – $2.5m
  • Nov 2007 – $2.4m
  • July 2009 – $1.98m
  • ?? 2009/2010 – $1.4m
  • Oct 2010 – $995k

Within a year, you're going to be able to buy this place for a few crack rocks, whatever cash you have in your wallet and that VHS copy of The Mask you've been lugging around for years even though you don't even own a VCR anymore (don't ask).  But seriously, it's only a matter of time before this place is affordable enough that some collective of people put together a Kickstarter and turn this place into a non-profit eat-in movie house (let's watch The Mask!) or a bowling alley or something else equally incredible.  The pictures indicate the building is largely intact:

If you care about the history of the place, you can read some post I slapped together last summer that basically just quotes Burrito Justice at length.  In vaguely related news, the blog “100 Movies, 100 Theaters” posted a really solid summary of all the defunct Mission theaters over the summer.

(link)

Comments (3)

Do you do any news outside of 16th- 24th- Mission- Dolores streets?

Sometimes! Have any suggestions?

I want to buy it when it’s cheaper, and put in a boxing ring and we’ll have NIMBY DeathMatch cage fights.