4939 50 Street Innisfail, Alberta T4G 1S9
$469,000
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 of 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 is included. 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 is located on the main floor 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 owned and operated the building for 25 yrs. Owner is a licenced realtor in the province of Alberta. GST is applicable. More information in supporting documents (also copies of original plans). Seller may consider financing. Note some upgrades in progress. (id:57312)
Business
| BusinessType | Other, Retail and Wholesale, Arts and Entertainment |
| BusinessSubType | Professional office(s), Retail & offices, Entertainment |
Property Details
| MLS® Number | A2184766 |
| Property Type | Business |
| Community Name | Downtown Innisfail |
| Features | Back Lane, Paved Lane |
| ParkingSpaceTotal | 1 |
| Plan | L |
| TotalBuildings | 1 |
Building
| CeilingHeight | 192 In |
| ConstructedDate | 1928 |
| ConstructionMaterial | Poured Concrete |
| CoolingType | None |
| ExteriorFinish | Brick, Concrete, See Remarks |
| FireProtection | Smoke Detectors |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Baseboard Heaters, Central Heating, Forced Air, Hot Water, Other |
| SizeExterior | 9161 Sqft |
| SizeInterior | 9161 Sqft |
| TotalFinishedArea | 9161 Sqft |
| Type | Commercial Mix |
Land
| Acreage | No |
| SizeDepth | 38.1 M |
| SizeFrontage | 15.24 M |
| SizeIrregular | 7438.00 |
| SizeTotal | 7438 Sqft|7,251 - 10,889 Sqft |
| SizeTotalText | 7438 Sqft|7,251 - 10,889 Sqft |
| ZoningDescription | Cb |
https://www.realtor.ca/real-estate/27957271/4939-50-street-innisfail-downtown-innisfail
Interested?
Contact us for more information
Derek Austin
Associate Broker
206, 4807 - 50 Avenue
Red Deer, Alberta T4N 4A5
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February 27 2025 02:35:52
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