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Renanza Realty
For sale

913 19A Avenue

Coaldale, Alberta

MLS® A2277119

$2,900,000

Status
Active
Property type
Business
MLS® number
A2277119
Bedrooms
Bathrooms
Year built
1978

Listing 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 5-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.

Property summary

MLS® number
A2277119
Property type
Business
Square footage
14,665 sq ft
Title
Freehold
Land size
1.12 acres
Built in
1978
Annual property taxes
$18,584.21
Days on market
241 days

Features & details

Heating
See remarks
Exterior features
Concrete, Brick, Wood siding
Lot features
Visual exposure

What would this home cost you?

Based on the $2,900,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$13,493 /mo

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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 ROYAL LEPAGE COMMUNITY REALTY, MEDICINE HAT.

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.