33,717 sqft · $297/sqft · 0.32 acres
Commercial Sale · Commercial · Built 1948 · 208 days on Properkey
Presenting the Historic Crest Theatre & Plaza, a landmark investment opportunity in Downtown Fresno. Designated a historic landmark in 2010, the iconic Crest Theatre offers a rare opportunity to own one of Downtown Fresno's most recognizable architectural and cultural assets. Showcasing classic Art Deco design, this mid-century cinema stands as a testament to the golden age of Hollywood.Originally developed as part of the prestigious Fox West Coast Theatres circuit, the Crest celebrated its grand opening on July 7, 1949, with a gala event attended by prominent Hollywood figures. Designed to deliver a luxurious moviegoing experience, the theatre quickly became a cultural centerpiece for the region.In later years, the property was owned by legendary filmmaker Mel Brooks and acclaimed actress Anne Bancroft, further cementing its ties to Hollywood history. Since 1996, it has been stewarded by visionary local ownership committed to preserving its legacy.The theatre retains many original architectural elements while benefiting from modern upgrades. With 577 stadium seats and a ground floor, giving the original capacity of 1,250, the Theatre has full stage suitable for live performances, film screenings, and special events. Notably, the Crest was the first theatre in Fresno to introduce surround sound, now upgraded to advanced Dolby systems, enhancing its continued viability as a performance venue.Architectural and design pedigree includes structural engineering by William D. Coffey, interior design by Carl H. Moeller, and a striking 50-foot marquee designed by Howard Lund, an enduring visual icon along Fresno Street.Beyond the theatre, the property encompasses a vibrant mixed-use commercial plaza with multiple income streams. Existing tenants include restaurant, bakery, retail, and creative spaces, alongside office suites. Additional space remains available for lease. Strategically located in the heart of Downtown Fresno, the Crest Theatre & Plaza benefits from proximity to government centers, dining, nightlife, and ongoing urban revitalization efforts. Note: Select images include artist renderings illustrating potential restoration concepts; see video for comparison.
School information not available for this property.
Schedule a tour
Takes about a minute
A Properkey agent will confirm your visit within 24 hours.
Create a free account to track itOptional — we'll reach out either way. An account just keeps your showings and offers in one place.
Estimated monthly payment
$0/month
Estimate includes principal and interest, taxes, and insurance.
Confirm your budget with a lender.
Get pre-approved