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A2232986 - 7719 17 Avenue , Coleman, Alberta T0K 0M0




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Welcome to the historic Grand Union Hotel, a true landmark that embodies the rich heritage of Coleman. Originally built in 1904 as a wooden structure, it was later reconstructed into its current magnificent brick form in 1924. This iconic establishment holds a significant place in the town's history and offers a unique opportunity for ownership. Under the current ownership, the Grand Union Hotel is thriving with multiple revenue streams. The property features seven Video Lottery Terminals (VLTs) and a vibrant bar on the main level, known for hosting live music events. Additionally, a separate street-facing space is leased for salon services, adding further value to this exceptional property. Ascending to the top floor, you'll discover a beautifully remodeled manager's suite. This spacious suite boasts a comfortable living room, a well-appointed kitchen, three inviting bedrooms, and a bathroom. The top floor also houses ten rental rooms, each equipped with sinks, and two additional bathrooms to cater to the needs of the guests. These rooms are currently operational and generating rental income. Moving to the second floor, you'll find six rental rooms complete with private bathrooms, ensuring the utmost convenience for guests. Additionally, six more rooms are available, each featuring sinks, with two bathrooms specifically designated to serve these rooms. The rooms have been well-maintained, with recent updates enhancing their appeal. The basement of the Grand Union Hotel offers a range of amenities, including coin laundry facilities, two bathrooms, and ample storage space. Mechanical systems have seen recent upgrades, particularly in the heating system, ensuring efficient operation. With the growing trend of development and revitalization in historical downtown Coleman, this property presents a remarkable opportunity for investors. Embrace the chance to be part of the ongoing transformation and capitalize on the potential this esteemed establishment holds. Don't miss your chance to own a piece of history and become a steward of the Grand Union Hotel. Contact your favorite REALTOR® to schedule a viewing today and explore the possibilities that await in this thriving and historically significant location.

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ESSENTIAL
MLS®:A2232986
Price:625,000.00
Type:Commercial
Sub Type:Business
RestrictionsNone Known
DOM139
INTERIOR SNAPSHOT   
Sq Ft:13,124


COMMUNITY DETAILS
Address:7719 17 Avenue , Coleman, Alberta T0K 0M0
City:Coleman
County:Crowsnest Pass
Province:Alberta
Postal Code:T0K 0M0
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1924
Structure Type:Hotel/Motel
Frontage:45.72M 150`0"
Zoning:Retail Commercial C1
ROOM DIMENSIONS


Inclusions: Negotiable



Courtesy: LPT Realty


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Big John Peterson - RE/MAX Realty Professionals
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Office: 403-244-5646
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We would highly recommend Big John and his team. Selling a property can be highly stressful. They alleviated much of that stress by keeping us informed throughout the whole process. Their professional advice was invaluable. We truly appreciated all of the team and thank them for their service
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We had a great experience years ago when Big John was our realtor of choice. Some things have changed but, Big John was every bit as professional now as years ago, Thanks to technology, the photos, video and brochures were absolutely great! When we saw our home on the website, we wanted to buy it. The showing process was also excellent. Easy to approve a showing and easy for us to make arrangements. Hopefully, we won't need Big John's services any time soon but, we will definitely recommend him and his team to anyone that should ask. Thank you for making the experience a positive one. Best regards Jim and Leslie G.
Jim and Leslie G.

Coleman Housing Trends


Real Estate Listings: 26
Highest Price: $1,899,900.00
Lowest Priced: $67,000.00
Average Price: $572,723.04
Land: 5
November 5th 12:00pm

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FAQs about 7719 17 Avenue , Coleman,
Alberta, T0K 0M0

7719 17 Avenue MLS® A2232986 has an approximate size of 0 Sq. Ft. located in Coleman.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Commercial listing at 7719 17 Avenue , MLS® A2232986.

This Commercial listings is priced at $625,000.

This property is located at 7719 17 Avenue , Coleman, Alberta, T0K 0M0 in the Coleman community on the market for 139 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Coleman community resources page.