913 19a Avenue, Coaldale, Alberta

$3,500,000

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1.12

Acres

About 913 19a Avenue

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.

Features of 913 19a Avenue

MLS® # A2119409
Price $3,500,000
Bathrooms 0.00
Acres 1.12
Year Built 1978
Type Commercial
Sub-Type Hotel/Motel
Status Active

Community Information

Address 913 19a Avenue
Subdivision NONE
City Coaldale
County Lethbridge County
Province Alberta
Postal Code T1M 1A4

Amenities

Utilities Cable Available, Electricity Available, High Speed Internet Available, Natural Gas Available, Phone Available, Sewer Available
Is Waterfront No
Has Pool No

Interior

Heating See Remarks
Fireplace No
Has Basement No

Exterior

Roof Tar/Gravel
Construction Brick, Concrete, Wood Frame, Wood Siding
Foundation Poured Concrete, Slab

Additional Information

Date Listed April 3rd, 2024
Days on Market 260
Zoning C-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeROYAL LEPAGE COMMUNITY REALTY

Listing Map