Property Details

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Featured in:

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5010 50 Avenue
Stettler (A2214763)

$299,000
6,440 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Welcome to the historic Stettler landmark, the Jewel Theatre. This beloved movie theatre has been a cornerstone of Central Alberta for 70 years. It boasts a 200-person auditorium, a beautiful, fully renovated (2021) lobby and concession area, and (of course) the iconic marquee that has been a symbol of the town for seven decades. The auditorium features a brand new, state-of-the-art-laser projector (purchased 2023), a 30ft Silver Screen, and a high-end surround sound for the ultimate movie experience. The auditorium is licensed through AGLC, has a new, modern fire alarm system and with a capacity of 203 seats, custom-built cinema tables and a 16ft “Party Table,” it is perfect for birthday parties, conferences, live music events, meetings, private functions, movies (of course!) and much more. In addition to the auditorium, you will find an approved kitchen and renovated office spaces with staff washrooms and a washer/dryer. The interior and exterior updates completed by the owners over the last three years are too extensive to list but include many electrical upgrades, a handicap washroom, new plumbing with replacement of all sewer lines, new concession countertop, new commercial flooring, new paint inside and out, a new flat roof, and a brand new popcorn machine installed May 2023. The building sits in a prime location on the busiest pedestrian corner in Stettler, with high local traffic and visibility. Everything has been done with the longevity of the theatre in mind so just turn on the lights and your business is open. Reel Good Coffee bar and assets are also included in this price!

Property details

Basic Info

MLS® #
A2214763
Property Type:
Commercial
Subtype:
Business
Subdivision:
Central
Price
$299,000
Sale/Lease:
For Sale
Size:
6,440 sq.ft.
Year Built:
1953 (72 years old)

Building Info

Structure Type:
Mixed Use
Building Name:
Jewel Theatre
Garage:
No
Fence:
Basement:
No
Inclusions:
See Schedule "A"

Lot / Land Info

Lot Size:
0.41 acres
Zoning:
C1

Business Info

Business Type:
Arts and Entertainment

Materials & Systems

Roof:
Flat
Heating:
Forced Air, Natural Gas
Cooling:
Central Air

Listing Info

Possession:
Immediate
Days on Market:
21
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Grassroots Realty Group Ltd.
1-833-477-6687

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