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$1,086,750

421 1ST Street SW, High River, AB, T1V 1M6

MLS® # A2161240

None Beds

7245  FEETSQ

High River AB, T1V 1M6

MLS® # A2161240

Property Information:

What a fabulous opportunity and property!! Welcome to The Wales Theatre!! This theatre opened in 1927 and was equipped with the latest motion picture equipment and offered comfortable seating for 400 patrons on the main floor and balcony. It was purchased in 2000 by the Kidwai family, who restored it and installed the latest in digital equipment and comfortable seating. The theatre still features its Art Deco charm, and has been an entertainment staple that High River and area has come to love and cherish. The property also houses a commercial space currently leased to the Dominos Pizza and a 2 bedroom residential suite above the dominos. It is nestled in the heart of High River and is surrounded by High Rivers down town charm. The theatre business is included in the sale of this property and would be a perfect opportunity for someone who is already in the business, or looking to learn and start something new.

Inclusions: NA

Property Features:

  • Built in: 1927
  • Floor Space (approx): 7245.22 Square Feet
  • Zoning: CBD

Courtesy of: Century 21 Foothills Real Estate

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 421 1ST Street SW, High River, AB, T1V 1M6

Demographic Information of 421 1ST Street SW, High River, AB, T1V 1M6

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$101,814.66

Average Number of Children

1.83

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.53 %

High school certificate or equivalent

34.7 %

Apprenticeship trade certificate/diploma

11.03 %

College/non-university certificate

22.16 %

University certificate (below bachelor)

1.21 %

University Degree

13.37 %

Commuter

Travel To Work

By Car

88.91 %

By Public Transit

0.0 %

By Walking

8.37 %

By Bicycle

0.0 %

By Other Methods

2.72 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.17 %

Houses

69.83 %

Own Vs. Rent