The Apex, Baltimore's last adult movie house, sold for $295,000 to a local investor at auction Friday morning.

The winning bidder, who identified himself as Sam Singh, has not settled on any plans for the property, said Andy Billig, a partner in A.J. Billig and Co. Auctioneers, which conducted the auction. Singh said he was willing to let the current operators continue running the theater until he makes a decision, Billig said.

Opened in 1942 at 108 S. Broadway, the 672-seat Apex began showing adult films in 1972. It was featured in John Waters' 2000 movie, "Cecil B. Demented."

Billig said about 30 people showed up for the Friday morning auction, where bidding opened at $200,000. There were four active bidders, he said.