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Renanza Realty
For sale

8329 20 Avenue

Coleman, Alberta

MLS® A2296721

$129,000

Status
Active
Property type
Business
MLS® number
A2296721
Bedrooms
Bathrooms
Year built
1969

Listing description

Prime opportunity to own a well-equipped pub and grill restaurant located on the busy highway 3 in Coleman. Coleman is a community in the beautiful Rocky Mountains within the Municipality of Crowsnest Pass in southwest Alberta, Canada. Highway is busy all year around as it leads to Sparwood that is known for hiking, biking, fishing and mountain scenery and Fernie that is known for skiing and snowboarding.

This 2700 sq. ft. space features seating capacity of 100 in dining area and 120 in outdoor patio.

The restaurant boasts a full commercial kitchen with nearly new equipment and liquor licence. Restaurant is doing a good business with close to $50000 monthly gross sale. Total lease amount is $9500 that includes a restaurant, patio and a legal 1 bedroom basement suite for the staff, Perfect for a small family to live in a beautiful scenic Rocky Mountains.

Snow removal is being shared equally by both Landlord and Tenant. Seller added a new under counter dishwasher, Ice Machine, Two Slide Coolers, Microwave, Prep table and dough machine after buying. It also provides the flexibility to convert into other cuisines, such as Korean, Vietnamese, Italian, or Mexican, subject to the landlord's approval.

Property summary

MLS® number
A2296721
Property type
Business
Square footage
2,700 sq ft
Built in
1969
Days on market
178 days

What would this home cost you?

Based on the $129,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$600 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of TREC The Real Estate Company, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.