4939 50 Street Innisfail, Alberta T4G 1S9

9,161 ft2
None Baseboard Heaters, Central Heating, Forced Air, Hot Water, Other

$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. GST is applicable. More information in supporting documents (also copies of original plans). Seller may consider financing. Note some upgrades in progress. (id:57810)

Business

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

Property Details

MLS® Number A2184766
Property Type Business
Community Name Downtown Innisfail
Features Back Lane, Paved Lane
Parking Space Total 1
Plan L
Total Buildings 1

Building

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 9,161 Ft2
Total Finished Area 9161 Sqft
Type Commercial Mix

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

https://www.realtor.ca/real-estate/27957271/4939-50-street-innisfail-downtown-innisfail

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