A 71-year-old theatre is for sale in the downtown of a small Alberta town
A cute potential career opportunity awaits you, with a movie theatre that is more than 70 years old for sale in a small Alberta town.
Nestled in the downtown core of Edson at 314, 316 50th Street, the historic Icon Theatre, which first opened its doors on Feb. 1, 1955, is up for grabs for $450,000.
Century 21 Twin Realty
Century 21 Twin Realty
The theatre has undergone upgrades over the past few years, complete with a new front exterior, with movie display boards, front windows, fresh paint, roof upgrades, and updated signage.
Century 21 Twin Realty
Inside, the auditorium has been meticulously restored, with the concrete walls stripped down and rebuilt to include state-of-the-art sound-isolating walls, new flooring, a modernized stage, and brand-new seating for 266 patrons.
Century 21 Twin Realty
Century 21 Twin Realty
Century 21 Twin Realty
The property also comes with all the inventory and equipment necessary for a seamless transition to new ownership, meaning you could have this theatre back to showing movies in no time.
“It’s a turn-key business opportunity, allowing you to walk in and immediately continue operations. Whether you choose to uphold the theatre’s time-honoured tradition or introduce new, exciting concepts, the possibilities are endless,” its listing touted.
In addition to the theatre space, the property includes commercial space on the second floor, which is currently available for development.
Century 21 Twin Realty
If you’re on the hunt for more real estate, check out this home that has a chandelier that Sia would go gaga for, or this swanky 98-year-old house for sale for $3.3 million in a prestigious area.
If you’re looking for some fresh listings, a home just landed on the market in Edmonton for $7 million, making it the most expensive in the city.
Century 21 Twin Realty
Century 21 Twin Realty
You can check out the theatre’s complete listing online.
Would you be interested in owning this theatre? Let us know in the comments.