Rainbow Ballroom in downtown Fresno up for sale as owners look to retire

FRESNO, Calif. (KFSN) -- The Rainbow Ballroom in downtown Fresno is up for sale for just under $4 million.

The property on Broadway Street in the Mural District went on the market after the owners announced their retirement after 32 years.

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Thousands of events have been hosted at the venue, including concerts, New Year's parties and proms.

The owners hope a venue operator will purchase the building, which is more than 18,000 square feet.

The ballroom has recently been remodeled and has an existing liquor license.