Memphis Drive-In Closure News

October 1 was supposed to be the last day for movies and flea markets at the 52 year old Memphis Drive-In Theater. There have been all sorts of rumors around speculating on who the mystery buyer is and what they are going to do with the 10 acres of land. These rumors include a possible, but highly unlikely location for Ikea, a furniture warehouse, and even condos.

(I don't understand why somebody would want to buy their ten acres when there are about six 'green' acres on the corner of Memphis and Tiedemen , and at least another ten acres in the former Ames lot.)

I saw an interesting thing when I started looking on the County Auditors site to figure out who was buying the property. I went to the Memphis Drive-In website to look for their address and saw this statement on their home page

THANKS AGAIN FOR A GREAT SEASON
and 52 MEMORABLE YEARS

Now....we wait and see !

Although we have not yet sold the theater, offers are being accepted for concession and projection equipment.
This equipment will not be sold, until, if, and when, the final property purchase documents are signed
Until documentation is signed IT IS NOT a DONE DEAL !

It then lists the property that is for sale but then has this disclaimer:

BEFORE YOU BEGIN - THIS IS ONLY AN OFFER FROM YOU, TO PURCHASE EQUIPMENT, IF THE MEMPHIS DOES SELL THE PROPERTY.
ALL OFFERS AND RIGHTS TO BUY ARE OFF, NULL and VOID, SHOULD THE PROPERTY SALE NOT GET SIGNED.

So, all is not lost.

(spoken like a true Cleveland sport's fan)

If the sale does go through and you are looking to install a big screen TV in your backyard, they have a blog that will update the public on any property sales questions

http://memphisdrivein.com/wordpress2/