A movie theater unlike any other in Minneapolis, The Suburban World in the heart of Uptown, has been put up for sale by the bank that took control of it after the property fell into foreclosure last year, according to Realtor Jesse Olson.
Iconic Minneapolis theater up for sale
The Suburban World fell into foreclosure last year. After repairs to its roof, its bank owner has put it on the market for $899,000.
By mjmckinney
February 8, 2012 at 5:20AM
Coldwell Banker Burnet has the theater listed at $899,000. It was last owned by Donald A. Driggs. It's now controlled by Commerce Bank of Edina. A website still lists events at the theater, but Olson said it's been empty for several months while work crews installed a new roof and did other repairs. City records indicate the $43,000 roof was completed in December.
The theater still has most of its original features that mark its "classic Granada style," designed by a local architect to look like a Spanish courtyard. Statues, at least one grotto and plants foster the illusion that theater goers have been transported somewhere far from Hennepin Avenue, where the theater first opened in 1927 as the Granada.
The theater's ceiling comes decorated with twinkling lights made to look like stars. Other lights cast images of clouds that go scudding across the ceiling to add to the courtyard feel.
Here's a photo, followed by a note from the Realtor handling the sale:
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