913 19a Avenue, Coaldale, Alberta T1M 1A4

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$3,500,000

Highlights

$3,500,000

Price

14665 sqft

Lot

For sale

Status

A2119409

MLS® ID

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. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2119409
    • Price $3,500,000
    • Square Footage: 14665 sqft
    • Communication Type High Speed Internet
    • Features Visual Exposure
    • Plan 7610006
    • Road Type Paved Road

    Business

    Business Type Accommodation, Restaurant, Restaurant Business Sub Type Hotel/motel, Bar/tavern, Restaurant

    Buildings

    Constructed Date 1978 Construction Material Poured Concrete, Wood Frame
    Exterior Finish Brick, Concrete, Wood Siding Fire Protection Alarm System
    Foundation Type Poured Concrete, Slab Heating Type See Remarks
    Size Exterior 14665 Sqft Size Interior 14665 Sqft
    Total Finished Area 14665 Sqft Utility Water Municipal Water

    Land

    Acreage Yes Sewer Municipal Sewage System
    Size Irregular 1.12 Size Total 1.12 Ac|1 - 1.99 Acres
    Size Total Text 1.12 Ac|1 - 1.99 Acres Zoning Description C-2

    Utilities

    Cable Available Electricity Available
    Natural Gas Available Telephone Available
    Sewer Available

    Agents and Offices

    • IVAN BECKER
    • Office: Royal LePage Community Realty

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