$3,500,000.00 14,665 Sq.ft

913 19A Avenue , Coaldale. T1M 1A4

Description

The town of Coaldale is an emerging progressive community, and is truly becoming the recreational and commercial Hub for Southern Alberta. Coaldale, with a population of approximately 9000 residents, combines the benefits of small town living with the services and amenities of a larger urban Centre. The Coaldale Inn is situated on highway #3, with great frontage exposure. The Coaldale Inn is a very popular facility and is the place to enjoy yourself in Kcee's pub with 3-VLT's or enjoy the dining experience in Franco's restaurant offering a full menu. This 17-unit Hotel/Motel situated on 1.12 acres of land, provides plenty of parking and potential for expansion. The Coaldale Inn is a combination tavern/restaurant/lounge/motel with over 14,600 square feet is sectioned into three areas of the tavern, central and motel. The 6,095 sq/ft motel area features 17 recently renovated units with full washrooms, newer furnishings, furniture, television and free WIFI. The 4246 sq/ft central area offers the reception office, restaurant (100 seats), kitchen and lounge plus additionally provides access to the guest room area. The 4323 sq/ft newly renovated tavern with seating for 100 patrons, features newer bar with a large garage door leading to an inviting outdoor raised patio. Tavern also provides built-in/ walk-in coolers and utility storage rooms. This completely and recently renovated facility is a must see to fully appreciate the extensive quality improvements that make this a great opportunity for an aggressive entrepreneur.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2119409
City:Coaldale
Neighbourhood:NONE
Province:Alberta
Building/Unit Size: 14,665 sq.ft
Land Size:1.12 Acre
Listing Price:$3,500,000.00
Lease Rate: $0.00
Business Type: Bar/Tavern/Lounge,Hospitality,Hotel/Motel ,Restaurant Bar/Tavern/Lounge, Hospitality, Hotel/Motel , Restaurant
Property Subtype:Hotel/Motel
Transaction Type:For Sale
Land Use Code:C-2
Listing Contract Date:2024-04-03

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "ROYAL LEPAGE COMMUNITY REALTY" listing brokerage.

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