Riddle Properties has acquired the historic Rialto Movie Theatre building in Downtown Greer.
The building consists of four areas which combined are approximately 10,000 square feet. Before becoming the Rialto Movie Theatre, the building, established in 1900, was originally The Peoples Bank. Through the years, the two-story brick building has housed several businesses such as Duke Power and Miracle Hill Ministries. In the late 1960’s, the second story level was used for a meeting place for Boy Scout Troop Number 40. Today, the lower level on Trade Street is leased by Foothills Art Glass Co., Inc. The back lower level on Randall Street is leased by NewSouth Landservices, LLC.
In making this announcement, Philip J. Riddle, an investor of Riddle Properties said, “We are pleased that Foothills Art Glass Co., Inc. and NewSouth Landservices, LLC, both long-time lease occupants of the building have agreed to lease extensions. We look forward to being an active part of the revitalization of Downtown Greer.”
Riddle Properties is working with David Langley, architect, for a renovation design of the upstairs, street level and the left side of the building. Negotiations are underway for a corporate headquarters to occupy the second level of the building. Lease options are available for the approximate 2,000 square foot space located to the left of Foothills Art Glass Co., Inc on Trade Street.