IVAN BECKER
(403) 502-0503

ROYAL LEPAGE COMMUNITY REALTY
403-528-4222

913 19A Avenue
  Coaldale , Alberta   T1M 1A4
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Bar/Tavern/Lounge,Hospitality,Hotel/Motel ,Restaurant For Sale

$3,500,000
Coaldale, Alberta

Transaction Type
For Sale
Days On Market
112
Business Type
Bar/Tavern/Lounge,Hospitality,Hotel/Motel ,Restaurant
Zoning
C-2
Year Built
1978
Property Type
Commercial
Building Area (Sq. Ft.)
14665.00
Lot Size (Sq. Ft.)
48787

Listing ID: 24768
MLS ID: A2119409
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.
Transaction Type
For Sale
Title
Fee Simple
Days On Market
112
Business Type
Bar/Tavern/Lounge,Hospitality,Hotel/Motel ,Restaurant
Zoning
C-2
Subdivision
NONE
Building Type
Free-Standing
Year Built
1978
Structure Type
Low Rise (2-4 stories)
Property Type
Commercial
Property Sub Type
Hotel/Motel
Legal Plan
7610006
Building Area (Sq. Ft.)
14665.00
Building Area (Sq. M.)
1362.41
Lot Size (Sq. Ft.)
48787
Lot Size (Acres)
1.12
Construction Type
Brick,Concrete,Wood Frame,Wood Siding
Roof
Tar/Gravel
Foundation
Poured Concrete,Slab
Heating
See Remarks
Access to Property
On Major Traffic Route,Paved Road,Visual Exposure
Inclusions
See Lister for Equipment List
Restrictions
None Known
Reports
Call Lister

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