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4939 50 Street

Innisfail T4G1S9

MLS® Number:  A2184766

Back to Downtown Innisfail   

  • Home \
  • Innisfail \
  • Downtown Innisfail \
  • 4939 50 Street

$ 469,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

1928

YEAR BUILT

https://www.cirrealty.ca/reb/cara/6/A2184766_2.jpg

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MLS® Number
A2184766
PROPERTY TYPE
Business
LISTING DATE
February-26-2025

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 owned 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.

COMMUNITY  Downtown Innisfail
PROPERTY TYPE  Business
BUILDING TYPE  Mixed Use
STYLE  N/A
YEAR BUILT 1928
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING  None
FIREPLACE  N/A
FLOORING 
HEATING  Baseboard, Boiler, Central, Forced Air, Hot Water, Natural Gas, Zoned
LAUNDRY 
LOT FEATURES  Back Lane, City Lot, Street Lighting
PARKING 
RESTRICTIONS  See Remarks
ROOF  Flat Torch Membrane, Metal, Mixed
TITLE  Fee Simple
BROKER  Century 21 Advantage

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.