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Home AB Innisfail
4939 50 Street
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4939 50 Street $469,000
$469,000
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4939 50 Street
Innisfail, Alberta T4G1S9

MLS® Number: A2184766

Listing Description

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 op erated 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. (30142037)

Property Summary

Property Type
Business
Building Type
Commercial Mix
Community Name
Downtown Innisfail
Subdivision Name
Downtown Innisfail
Title
Freehold
Land Size
7438 sqft|7,251 - 10,889 sqft
Built in
1928
Annual Property Taxes
$2,696.44
Total Parking Spaces
1
Time on REALTOR.ca
35 days

Building

Interior Features
Ceiling Height
192 in
Building Features
Features
Back lane, Paved lane
Foundation Type
Poured Concrete
Construction Material
Poured concrete
Fire Protection
Smoke Detectors
Total Buildings
1
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, Central heating, Forced air, Hot Water, (Natural gas), Other
Exterior Features
Exterior Finish
Brick, Concrete, See Remarks
Business
Business Type
Other (Professional office(s)), Retail and Wholesale (Retail & offices), Arts and Entertainment (Entertainment)
Parking
Total Parking Spaces
1

Measurements

Square Footage
9161 sqft
Total Finished Area
9161 sqft
Exterior Building Size
9161 sqft

Land

Lot Features
Frontage
15.24 m
Land Depth
38.1 m
Other Property Information
Zoning Description
CB
Lease Type
Gross
Data provided by: Pillar 9™
Derek Austin