421 1st St SW - Movie Theatre FOR SALE


High River, AB T1V 1M6
$1,086,750 CAD
403-601-5159
421 1st St SW, High River, AB for Sale
$1,086,750 CAD
Movie Theatre - FOR SALE
1/4
null | Request Cap Rate

421 1st St SW
High River, AB T1V 1M6


HIGHLIGHTS

  • Nestled in the heart of High River
  • Perfect opportunity for someone who is already in the business, or looking to learn and start something new
  • Surrounded by High Rivers down town charm.

OVERVIEW

Excellent opportunity and property. The Wales Theatre opened in 1927 and was equipped with the latest motion picture equipment and offered comfortable seating for 400 patrons on the main floor and balcony. It was purchased in 2000 by the Kidwai family, who restored it and installed the latest in digital equipment and comfortable seating. The theatre still features its Art Deco charm, and has been an entertainment staple that High River and area has come to love and cherish. The property also houses a commercial space currently leased to the Dominos Pizza and a 2 bedroom residential suite above the dominos. It is nestled in the heart of High River and is surrounded by High Rivers down town charm. The theatre business is included in the sale of this property and would be a perfect opportunity for someone who is already in the business, or looking to learn and start something new.

FOR SALE DETAILS

PRICE

$1,086,750 CAD

PRICE/SF

$75 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Movie Theatre

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,235 SF

ZONING

CBD

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Joshua TorrenceCentury 21 Foothills Real EstateMore Info
403-601-5159

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Joshua TorrenceCentury 21 Foothills Real EstateMore Info
403-601-5159

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.