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$ 3,500,000
Est. payment | /mo
14,665 SqFt
$ 3,500,000
Est. payment | /mo
14,665 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 14,665 sqft
Price per Sqft $238
MLS® Listing ID A2119409
Originating Board Medicine Hat Real Estate Board Co-op
Year Built 1978
Lot Size 1.120 Acres
Acres 48787.2
Property Sub-Type Freehold
Property 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. (id:24570)
Location
Province AB
Interior
Heating See remarks
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Sewer Municipal sewage system
Others
Ownership Freehold
Listed by ROYAL LEPAGE COMMUNITY REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4145 North Service Rd Unit: Q 2nd Floor L7L 6A3, Burlington, ON, Canada