7719 17 Avenue, Coleman

$700,000


The Grand Union Hotel is an icon, and holds a huge piece of the history within the town of Coleman. The original wood building was constructed in 1904, with a complete rebuild of the current brick structure in 1924. The current owners are operating 7 VLT's, a bar which hosts live music on the main level, and are also leasing a separate street facing space for salon services. There is a beautiful remodelled managers suite on the top floor which has a living room, kitchen, 3 bedrooms, and a bathroom. The top floor also has 10 rental rooms (with sinks) and 2 bathrooms on this floor to service the rooms.2nd Floor has 6 rental rooms with bathrooms, and 6 more rooms (sinks only) with 2 bathrooms to service these rooms. There are also recent updates to some rooms. The basement has Laundry, 2 more bathrooms, mechanical (some recent upgrades to the heating system), and a ton of storage space. There is a great opportunity here to take advantage of a growing trend of development and revitalization in historical downtown Coleman.

Essential Information
MLS® #A1166458
Price$700,000
Bathrooms0.00
Acres0.00
Year Built1924
TypeCommercial
Sub-TypeHotel/Motel
StatusActive
Community Information
Address7719 17 Avenue
SubdivisionNONE
CityColeman
CountyCrowsnest Pass
ProvinceAlberta
Postal CodeT0K 0M0
Interior
HeatingBoiler
Exterior
ConstructionBrick, Concrete
FoundationPoured Concrete
Additional Information
Date ListedDecember 10th, 2021
Date Last UpdatedJanuary 28th, 2022
Days on Market46
ZoningRetail Commercial C1
Office

Century 21 Foothills South Real Estate

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