The Orion

Potential buyer looks to purchase El Rey Theatre

According+to+reports%2C+the+El+Ray+theatre+might+be+sold+soon+Photo+credit%3A+George+Johnston
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Potential buyer looks to purchase El Rey Theatre

According to reports, the El Ray theatre might be sold soon Photo credit: George Johnston

According to reports, the El Ray theatre might be sold soon Photo credit: George Johnston

According to reports, the El Ray theatre might be sold soon Photo credit: George Johnston

According to reports, the El Ray theatre might be sold soon Photo credit: George Johnston

George Johnston

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According to reports, the El Ray theatre might be sold soon Photo credit: George Johnston

The historic EL Rey Theatre may be up for sale according to a real estate website.

The theatre located in downtown Chico, has a reported potential buyer who is considering plans of turning the building into a spot for commercial and residential use. The asking price for the theatre is listed at $1.4 million.

The El Rey has been a part of Chico since 1905 and survived a fire in 1946. The theatre is also on Chico’s Historic Resource Inventory list created by California.

The Orion will follow this story as it develops.

George Johnston can be reached at [email protected] or @gjohnston786 on Twitter.

 

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1 Comment

One Response to “Potential buyer looks to purchase El Rey Theatre”

  1. L. Renee Boyd on September 10th, 2016 9:01 am

    I hope it will be purchased by someone who loves Chico and it’s landmarks. I also hope it remains a venue to show movies. I would like to continue to have the Shortz! Film Festival event here for years to come.

    L. Renee Boyd
    Co-Executive Director
    Shortz! Film Festival

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Potential buyer looks to purchase El Rey Theatre