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913 19A AVENUE Coaldale AB T1M 1A4
Price $ 3,500,000
Listing ID A2119409
Property Type Hotel/Motel
County Lethbridge County
Neighborhood NONE
Year Built 1978
Lot Size 1
Days on website 407
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.
Location
Financial Information
List Price: $ 3500000
Property Features
Accessto Property: On Major Traffic Route, Paved Road, Visual Exposure
Construction Materials: Brick, Concrete, Wood Frame, Wood Siding
Foundation Details: Poured Concrete, Slab
Heating: See Remarks
Roof: Tar/Gravel
Sewer: Sewer
Structure Type: Low Rise (2-4 stories)
Utilities: Cable Available, Electricity Available, High Speed Internet Available, Natural Gas Available, Phone Available, Sewer Available
Water Source: Public
Listed By:     ROYAL LEPAGE COMMUNITY REALTY