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4939 50 Street, Innisfail
2025-02-27
Quick Summary
- Location
- 4939 50 Street, Innisfail, Alberta T4G1S9
- Price
- $469,000
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 9161 sqft
- Year of Construction:
- 1928
MLS®#A2184766
Property Description
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:32467)
Property Features
Building
- Cooling Type: None
- Exterior Finish: Brick, Concrete, See Remarks
- Fireplace: No
- Interior Size: 9161 sqft
Features
- Feature: Back lane, Paved lane
Land
- Land Size: 7438 sqft|7,251 - 10,889 sqft
Ownership
- Type: Freehold
Zoning
- Description: CB
Information entered by Century 21 Advantage
Listing information last updated on: 2025-08-13 12:08:13
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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