Address
5504 50 ST Drayton Valley, AB
Price
$ 1,800,000
Property Attributes
  • ID#E4231139
  • TypeCommercial
  • CityDrayton Valley
  • AreaBrazeau
  • NeighbourhoodDrayton Valley
  • Postal CodeT7A 0A7
  • Style
  • Price$ 1,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Heather D Malin with RE/MAX Vision Realty
Data Source:
RLP - CREA EN
Property Description

OPPORTUNITY KNOCKS! This in a rare opportunity to own this building with Landmark Cinemas Canada Ltd. as your tenant for a minimum of the next 6 years! Landmark Cinemas was purchased in 2017 by a Belgian based company KINEPOLIS GROUP NV. Landmark is Canada's 2nd largest cinemas operator. This building was completed in 2007 and specifically designed for a movie theatre with 3 theatres and room to add two more if needed. Annual lease amount is $180,000 plus percentages. The Theatre is located in a busy box store mall close to the downtown area. A very solid tenant who has occupied the building from day one.

Exterior Features

Jumpid 14364444

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T7A 0A7

Price
AVG $1.17M
$1.8M
Visits
AVG 142
186
Year Built
AVG 2008
2007
Walkscore
AVG 50
49
Data Provided by Walkscore ® not using MLS data

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