5010 50 Avenue

Business For Sale in Central, Stettler

$390,000
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!
Address 5010 50 Avenue
List Price $390,000
Property Type Commercial
Type of Dwelling Business
Area Stettler
Sub-Area Central
Lot Size 18000 Sq. Ft.
Year Built 1953
MLS® Number A2043916
Listing Brokerage RE/MAX 1st Choice Realty
Postal Code T0C 2L0
Zoning C1

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RE/MAX Complete Realty

RE/MAX Complete Realty

11450 29 St SE #201 Calgary AB T2Z 3V5

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