1479 Theatre Road

1479 Theatre Road · Cranbrook · Other · $6,000,000 · MLS 10385098

Cranbrook, British Columbia
C$6,000,000
For sale
1479 Theatre Road

1479 Theatre Road is located in Cranbrook. Property snapshot: Other, listed at $6,000,000, MLS 10385098. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 56. Latest recorded list price 6000000.00.

List Price: $6,000,000
MLS: 10385098
Interior Size: 54,500 sqft
Days on Site: 56
Price History: Latest recorded list price 6000000.00

Local Decision Guide

How should buyers evaluate 1479 Theatre Road?

Start by reading this listing in its Cranbrook context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 1479 Theatre Road?

This page shows a list price of $6,000,000 with MLS 10385098.

What type of home is this Cranbrook listing?

The page shows Other at 1479 Theatre Road. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 56 days on market/site. Latest recorded list price 6000000.00.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Rare opportunity to acquire the largest single industrial land holding in Cranbrook, comprising approximately 95 acres in a supply-constrained market where assets of this scale rarely come available. The property generates lease income from multiple leases totaling approximately $272,000 annually, providing holding income while future development or repositioning is considered. Improvements include a 47,000 SF former finger-joint manufacturing facility with 22–25 ft clear heights (vacant), a 7,500 SF four-bay warehouse (tenanted), and a ~15,000 SF lumber storage shed. The site features frontage along the Canadian Pacific Railway, multiple north and south access points, and dual M2 and M3 zoning permitting a wide range of industrial uses including manufacturing, warehousing, distribution, and logistics. Strategically located with direct access to Highway 3, proximity to the U.S. border, and connectivity to the Canadian Rockies International Airport, this offering combines scale, income, and location in a sought-after industrial node. Cranbrook serves as the East Kootenay’s commercial and logistics hub for a trade area of approximately 100,000 people, supported by daily rail service, 330,000+ freight truck movements annually, and regular air service to Calgary, Vancouver, and Kelowna. This is a Court-Ordered sale, offering purchasers multiple exciting opportunities, including manufacturing use, repositioning of improvements, rail reconnection, and future industrial development. (id:56153)

Property Details

Other
Building Type
-
Bedrooms
-
Bathrooms
54,500 sqft
Interior Size
C$110
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29704352 (10385098)

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Site Context

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Property Summary

Price: C$6,000,000

PID: 024-959-804

Days on Site: 56 days

Added to BurnabyHouse: 2026-05-05

Updated on: 2026-06-08 05:03 PM PDT

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Lot info

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Schools

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Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Mon, 08 Jun 2026 04:50:00 PM PDT

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Listing Office: Royal LePage Kelowna

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