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Coaldale,AB T1M 1A4
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID A2119409
Year Built 1978
Lot Size 1.120 Acres
Acres 1.12
Lot Dimensions 450.00X95.00
Property Sub-Type Hotel/Motel
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.
Location
Province AB
County Lethbridge County
Zoning C-2
Interior
Heating See Remarks
Inclusions See Lister for Equipment List
Exterior
Utilities Available Cable Available,Electricity Available,Natural Gas Available,High Speed Internet Available,Phone Available,Sewer Available
Roof Type Tar/Gravel
Building
Dwelling Type Low Rise (2-4 stories)
Foundation Poured Concrete,Slab
Sewer Sewer
Water Public
Structure Type Brick,Concrete,Wood Frame,Wood Siding
Others
Restrictions None Known
Tax ID 56222521