IVAN BECKER
(403) 502-0503
ROYAL LEPAGE COMMUNITY REALTY
403-528-4222
913 19A Avenue
Coaldale , Alberta T1M 1A4
Coaldale , Alberta T1M 1A4
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Bar/Tavern/Lounge,Hospitality,Hotel/Motel ,Restaurant For Sale
$3,500,000
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
For Sale
Title
Fee Simple
Fee Simple
Days On Market
611
611
Business Type
Bar/Tavern/Lounge,Hospitality,Hotel/Motel ,Restaurant
Bar/Tavern/Lounge,Hospitality,Hotel/Motel ,Restaurant
Zoning
C-2
C-2
Subdivision
NONE
NONE
Building Type
Free-Standing
Free-Standing
Year Built
1978
1978
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Hotel/Motel
Hotel/Motel
Legal Plan
7610006
7610006
Building Area (Sq. Ft.)
14665.00
14665.00
Building Area (Sq. M.)
1362.41
1362.41
Lot Size (Sq. Ft.)
48787
48787
Lot Size (Acres)
1.12
1.12
Construction Type
Brick,Concrete,Wood Frame,Wood Siding
Brick,Concrete,Wood Frame,Wood Siding
Roof
Tar/Gravel
Tar/Gravel
Foundation
Poured Concrete,Slab
Poured Concrete,Slab
Heating
See Remarks
See Remarks
Access to Property
On Major Traffic Route,Paved Road,Visual Exposure
On Major Traffic Route,Paved Road,Visual Exposure
Inclusions
See Lister for Equipment List
See Lister for Equipment List
Restrictions
None Known
None Known
Reports
Call Lister
Call Lister