Prince Albert Giant Tiger building up for sale, but store isn’t going anywhere

The property has housed Giant Tiger since 2005, when the former Cinema 6 theatre was demolished and replaced with a purpose-built store.

Harradence said the sale marks the end of an era for the Mahon family, whose ties to Prince Albert’s business community stretch back more than a century.

He said the family’s history dates to the early 1900s, when they were involved in the city’s insurance industry before expanding into the movie theatre business. Over the years, the family owned several Prince Albert theatres, including the Strand, Orpheum and Pines Drive-In, before later developing Cinema 4 and Cinema 6.

Bill Mahon, who grew up in Prince Albert before becoming an accountant and establishing a practice in Edmonton, eventually acquired the Cinema 6 property. After the theatre business ended, he redeveloped the site into the Giant Tiger store that has operated there for the past two decades.

Now in his 70s, Harradence said Mahon has decided it’s time to sell the investment property as part of getting his affairs in order.

“It’s simply time,” Harradence said. “The tenant is committed for the long term.”

The 19,180-square-foot steel-frame building sits on a 2.1-acre site with 91 parking stalls. According to the listing, the parking lot was repaved in 2024, one rooftop mechanical unit was replaced in 2025, and a recent environmental assessment found the property in good condition.

Harradence said investment properties with long-term national tenants rarely come up for sale in Prince Albert, making the listing an uncommon opportunity for investors.

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panews@pattisonmedia.com

by paNOW Staff

Prince Albert Giant Tiger building up for sale, but store isn’t going anywhere

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