For Sale 608 1St Street Sw, Calgary, Ab
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SALE LEASE BACK OPPORTUNITY THE GRAND THEATRE FOR SALE 608 1ST STREET SW, CALGARY, AB savills.ca THEGRAND 608 1ST STREET SW CALGARY, AB THE GRAND - Historic Theatre Built in 1912 by Sir James Lougheed, the historic Grand Theatre, originally named Sherman Grand Opera House, was known as the marker that took Calgary from a “humble ranching town” to the class of a big city. The theatre was the cornerstone of entertainment in Calgary until the early 1960’s, when the Jubilee Auditorium was built. The theatre was slated for demolition in 1979 as it had ‘come to the end of it’s economic life’. In 2004, The Grand was being utilized as an indoor driving range, slated to become a parkade, when it was saved by a generous donation. The Theatre Grand became, once again, one of the leading contemporary theatres in Canada. 2 1 THEGRAND | 608 1ST STREET SW, CALGARY, AB | THE GRAND - Historic Theatre Preserving its historic structure, Theatre Junction Grand THEGRAND re-opened in March 2006. Still as the cornerstone to the Lougheed block in Calgary, The Grand now operates as a multi- 1 1 Fifth Avenue Place functional event space. Weddings, receptions, performances, 2 Bow Valley Square parties, presentations and gatherings of all sizes can now 3 Suncor Energy Centre East Tower celebrate the history of Calgary together with their guests. The The Bow 2 3 4 Grand collaborates with Workshop Kitchen + Culture to provide 4 5 First Canadian Centre a full-service venue space. 6 Brookfield Place Interested in taking a Google Tour of The Grand, click here. 7 8 7 The Lougheed Centre 9 5 6 8 Telephone Building 9 Hanover Building 10 11 10 Len Werry Building 14 11 Telus Sky 13 17 12 National on 8th 16 12 13 Stephen Avenue Place 14 Hudson’s Bay 15 15 DAVIDsTEA 16 Winners 17 Hyatt Regency Calgary 2 3 THEGRAND | 608 1ST STREET SW, CALGARY, AB | Property Highlights BUILT Historic building, built in 1912 MULTI-USE SPACE Theatre and event space with in house restaurant LARGE CAPACITY For event rentals, up to 500 people 4 5 THEGRAND | 608 1ST STREET SW, CALGARY, AB | Lease Back Details Lease Back Term Negotiable Approximate NOI Yr. 1 $363,000 Rentable Square Footage 30,269 SF 6 7 THEGRAND | 608 1ST STREET SW, CALGARY, AB | 8 9 THEGRAND | 608 1ST STREET SW, CALGARY, AB | 10 11 THEGRAND | 608 1ST STREET SW, CALGARY, AB | 12 13 THEGRAND | 608 1ST STREET SW, CALGARY, AB | Event Space Capabilities STAND-UP STYLE SIT-DOWN STYLE PRIVATE ROOMS AVAILABLE DIMENSIONS COCKTAIL RECEPTION SERVED MEAL Entire Facility (Incl. Theatre) 3,000 SF (2 LEVELS) 25 - 400 16 - 250 Entire Facility (No Theatre) 2,200 SF (2 LEVELS) 200 N/A Workshop Dining Room 1,500 SF (1 LEVEL) 150 90 Mezzanine Bar 540 SF 85 N/A Vintage Room 25 16 14 15 THEGRAND | 608 1ST STREET SW, CALGARY, AB | Click the here to take a Google Tour of The Grand The Theatre Grand The Grand Alley Party Mode Models - Hot Neon Productions Kicking Up A Fuss - History of The Grand 16 17 CONTACT For further information please contact: Paul McKay [email protected] 587 387 3190 SAVILLS CALGARY 400 3rd Avenue SW #1410, Devon Tower, Calgary, AB, T2P 4H2 All information furnished regarding property for sale, rental or financing is from sources deemed reliable. No presentation is made as to the accuracy thereof and it is submitted to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. savills.ca.