4939 50 Street, Innisfail, Alberta T4G 1S9

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$469,000

Highlights

$469,000

Price

9161 sqft

Lot

For sale

Status

A2184766

MLS® ID

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:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2184766
    • Price $469,000
    • Square Footage: 9161 sqft
    • Community Name: Downtown Innisfail
    • Features Back Lane, Paved Lane
    • Parking Space Total 1
    • Plan L
    • Total Buildings 1

    Business

    Business Type Other, Retail and Wholesale, Arts and Entertainment Business Sub Type Professional office(s), Retail & offices, Entertainment

    Buildings

    Ceiling Height 192 In Constructed Date 1928
    Construction Material Poured Concrete Cooling Type None
    Exterior Finish Brick, Concrete, See Remarks Fire Protection Smoke Detectors
    Foundation Type Poured Concrete Heating Fuel Natural Gas
    Heating Type Baseboard Heaters, Central Heating, Forced Air, Hot Water, Other Size Exterior 9161 Sqft
    Size Interior 9161 Sqft Total Finished Area 9161 Sqft

    Land

    Acreage No Size Depth 38.1 M
    Size Frontage 15.24 M Size Irregular 7438.00
    Size Total 7438 Sqft|7,251 - 10,889 Sqft Size Total Text 7438 Sqft|7,251 - 10,889 Sqft
    Zoning Description Cb

    Agents and Offices

    • Derek Austin
    • Office: Century 21 Advantage

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