314, 316 50 Street, Edson, AB T7E0E1
314, 316 50 Street, Edson, AB T7E0E1
314, 316 50 Street, Edson, AB T7E0E1
314, 316 50 Street, Edson, AB T7E0E1
314, 316 50 Street, Edson, AB T7E0E1
314, 316 50 Street, Edson, AB T7E0E1
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$ 395,000
Est. payment | /mo

1,600 SqFt


$ 395,000
Est. payment | /mo

1,600 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1600

Square Footage 1,600 sqft

Price per Sqft $246

Subdivision Edson

MLS® Listing ID A2206351

Year Built 1955

Lot Size 6,500 Sqft

Acres 6500.0

Property Description

Conveniently located in the heart of downtown Edson, the Icon Theatre stands as a beloved cornerstone of the community. Now, a rare opportunity has arisen to own this historic gem. The cinema, which first opened its doors on February 1, 1955, has been a source of countless memories, laughter, and cinematic magic for generations. This turn-key business offers an incredible chance to step into the legacy of one of the town's most cherished establishments.Over the past few years, the theatre has undergone impressive upgrades, ensuring its continued success for many years to come. The building features a stunning new front exterior, complete with movie display boards, front windows, fresh paint, roof upgrades, and updated signage. 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. Every detail has been carefully considered to create an immersive and unforgettable movie-going experience.This fully operational cinema is offered with all the inventory and equipment necessary for a seamless transition to new ownership. 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-honored tradition or introduce new, exciting concepts, the possibilities are endless.Additionally, the property includes commercial space on the second floor, currently available for development. This versatile area could easily be transformed into office space, a boutique, or even a creative hub—offering endless potential to enhance this already iconic property.By taking ownership of the Icon Theatre, you become a key part of Edson's history, honoring its 69-year legacy, and playing a role in shaping the future of this beloved local treasure. Opportunities like this to own a piece of community heritage are incredibly rare—don't let thi s unique chance pass you by.For those new to the cinema business, Landmark and the current management are committed to ensuring a smooth transition. They are ready to provide all necessary information and training to support the new ownership group, ensuring you have the knowledge and resources to continue the legacy of this historic theatre. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Other, Forced air,

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Attached Garage No

Garage No

Private Pool No

Others

Virtual Tour https://youriguide.com/316_50_street_edson_ab/

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Listed by CENTURY 21 TWIN REALTY
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“Julie Pollard is an extremely knowledgeable and professional Realtor who puts the needs of her clients as her priority. She is well informed about the areas she serves which makes her best placed to advise people who may be new to the region and she is a fabulous negotiator. I highly recommend Julie to friends, family and anyone who is looking for honest upfront service." - SJ
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