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.
Mls | A2119409 |
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Listing Type | For Sale |
Style | Commercial |
Buildingname | Coaldale Inn |
Subtype | Resale |
Status | Active |
Year | 1978 |
Days On Site | 248 |
Listing Provided By | ROYAL LEPAGE COMMUNITY REALTY | IVAN BECKER |
Sq Feet | 14,665 |
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Zoning | C-2 |
Acreage | 1.12 |
State | AB |
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County | Lethbridge County |
City | Coaldale |
Zip Code | T1M 1A4 |
Area | Lethbridge County |
Listing VS Median (in T1M 1A4) | |
Price: $3,500,000 low | high Med: $3,500,000 SqFt: 14,665 low | high Med: 14,665 $ / SqFt: $239 low | high Med: $239 On Site: 248 low | high Med: 248.000000 |