Homes for sale - 4939 50 Street, Innisfail, AB T4G1S9

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Tia Williams

REAL BROKER

tiawilliamsrealty@gmail.com +1(403) 383-6809

$ 469,000

Est. payment | -/mo

9,161 SqFt

Save

$ 469,000

Est. payment | -/mo

Save

9,161 SqFt

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 9,161 sqft

Price per Sqft $51

Subdivision Downtown Innisfail

MLS® Listing ID A2184766

Year Built 1928

Lot Size 7,438 Sqft

Acres 7438.0

Property Sub-Type Freehold

Source Central Alberta REALTORS® Association

Property Description

Theatre , Historic (built in 1928 ) 9000 +/- sq ft building . Let your creativity flow. Operated for almost a Century as a Live Entertainment center and Movie Theatre ( digital equipment ). Excellent location in downtown Innisfail on Main Street. Presently 3 revenue streams with the Auditorium as a future 4th 1./Residential apartment, 2./Retail store, 3./Lobby area. Presently the Auditorium is not being operated. Main lobby has ticket counter, concession area with glass counters and display case plus stainless sink counter , all Equipment included. Also has office area , numerous windows , and storage room. Auditorium has EXCELLENT ACOUSTICS (ask Gord Bamford or Brett Kissell to name a few ) and is also set up for movies (2D and 3D )all Digital equipment as well as the Drop down Screen . Seating area is 60 ' by 36' 10 ", Ceiling is around 16 ft high and is hand painted tin , 60 Upgraded Seats with cup holders and 170 regular seats on a sloped floor plus space for handicapped patrons. 2 handicapped accessible bathrooms. Screen is 28'11"x 15' and lifts up for live shows on the 36' 10" x 16' stage. There is a back stage plus huge storage and work areas on both sides of the auditorium. There is also a Sound ,light control room plus concession storage room . Other events held in Theatre space include , birthdays, private rentals, company appreciation nights, power point presentations, group rentals, even weddings, capacity for 270+ people. It may be possible to have two movie screens. Upper Rental suite is around 1100 sq ft w/ 2 bedrooms, office , kitchen ,laundry , 4 pce bath and living room ( present tenant 8 yrs ) All windows replaced . COCO vap leases West unit Street level which is 900 +/- sq. ft , it has front retail area , two offices and large common area , 2 pce bathroom( lease in place) Lots of potential, I would say an Entrepreneurs dream . Historic designation for the building may be possible. Century Theatre Company has ow ned and operated the building for 25 yrs. GST is applicable. More information in supporting documents (also copies of original plans). Seller may consider financing. Note some upgrades in progress. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Central heating, Forced air, Hot Water, , Other

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 1

Private Pool No

Others

Ownership Freehold

Acceptable Financing Monthly

Listing Terms Monthly

Listed by Century 21 Advantage

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 383-6809

tiawilliamsrealty@gmail.com

1816 Crowchild Trail NW # 700, Calgary, T2M, 3Y7, Canada

4939 50 Street Innisfail, AB T4G1S9