$3,500,000
FOR SALE

Business for Sale

Hotel/Motel/Inn

913 19a Avenue
Coaldale, AB T1M 1A4

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:47421)
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Listed By ROYAL LEPAGE COMMUNITY REALTY
Data Provided By Medicine Hat Real Estate Board Co-op
MLS® Listing Number A2119409
Last Updated Sep 30, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Hotel/Motel/Inn
Franchise Non-Franchise
Price History

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Detailed Information
Communication Type High Speed Internet
Features Visual exposure
Listing Contract Date 2024-04-03
Municipal ID 0031831001
Ownership Type Freehold
Plan 7610006
Property Type Business
Road Paved road
Transaction Type For sale
Zoning Description C-2
Business
Business Type Accommodation, Restaurant, Restaurant
Business Subtype Hotel/motel, Bar/tavern, Restaurant
Building
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 square feet
Total Finished Area 14665 sqft
Utility Water Municipal water
Utilities
Type Description
CableAvailable
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
SewerAvailable
Land
Total Size 1.12 acres
Acreage Yes
Sewer Municipal sewage system
Size of Irregular Land 1.12

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