For sale in Branson: one theater, on ten plus acres of prime real estate on Highway 76.
That's not exactly how the ad reads.
The Branson Daily News classified section is running an ad announcing the Grand Palace will be auctioned in less than two weeks.
The ad says the property is being auctioned because the loan is in default.
Hall Entertainment L.L.C. owns the property.
It was first opened in 1992 for $13-million. In 1995 the Hall family bought the Grand Palace from Silver Dollar City
At last assessment, the property was worth about $9.6 million.
It is still planning to host a month long series of concerts by Mannheim Steamroller in November.
The auction will take place September fourth at the Taney County Courthouse


From the Taney County Assessor's Office:
At last assessment the Taney zcounty Assessor's office valued the property at $9.6 million.
$1.8 for the land
$7.7 the building
13 acres of land.


Ad from Branson Daily News:

Notice of Successor Trustee Sale

For default in the payment of the debt and to satisfy the debt and costs secured by the deed of trust executed by Hall Entertainment LLC dated on Oct. 20, 2004 and recorded on Oct. 25, 2004 in book 450 at pages 8496-8506 (the first deed of trust) and the deed of trust executed by Hall Entertainment LLC dated July 8, 2005 and recorded on July 21, 2005 in book 469 at pages 2517-2527 of the Taney County Recorders office. The undersigned successor trustree will on Thursday, September 4, 2008 between the hours of 9 and 5 pm particularly at 1 pm at the north front door of the Taney County Courthouse, Forsyth, Missouri, sell at public venue to the highest bidder for cash the following: lot 1 of the Grand Palace replat of lot 8-9-10-11-12 and 13 Thousand Hills, a subdivision per the recorded plat thereof platbook/slide d, pages 759-760 of the Taney County Recorders office. At the same date and time to satisfy same indebtedness that both of the deeds of trust secure the successor trustee will be selling on behalf of the secured party, Columbia Bank and Trust company the collateral encumbered by the commercial security agreement given by Branson Theater, L.P. dated Oct. 20, 2004 as such collateral is identified in the financing statements filed a) Oct. 25, 2004 file #2004 L47947 recorded in book 450, pages 8507-8508 in the Taney County Recorders office and b) with Missouri Secretary of State filed Oct, 21, 2004 file # 2004 011912A.

All inventory, chattel paper accounts, equipment, general intangibles and fixtures whether any of the foregoing is owned now or acquired later, all accessions, additions, replacements and substitutitons relating to any of the foregoing, all records of any kind relating to any of the foregoing, all proceeds related to any of the foregoing (including insurance and general intangibles and other accounts proceeds) which are attached to real estate property known as lot 1 of the Grand Palace replat of lots 8-9-10-11-12 and 13 Thousand Hills subdivision for the recorded plat therefof platbook/slide d, pages 759-760 of the Taney County Recorders office.

/s/ Harry Styron
Successor Trustee
Styron and Shilling
P.O. Box 7297
Branson, MO 65615-7297
417 334 4455