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913 19A Avenue, Coaldale

$2,900,000

About this property

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.

Essential information

MLS® number
A2277119
Status
Active
Price
$2,900,000
Property type
Commercial
Type
Hotel/Motel
Transaction
For Sale
Restrictions
None Known
Building area
14,665 sq ft
Lot size
48,787 sq ft
Year built
1978
Structure
Low Rise (2-4 stories)
Listing brokerage
ROYAL LEPAGE COMMUNITY REALTY
Source
Pillar 9™ MLS® System

Interior

Heating
See Remarks
Included
See Lister for Equipment List

Exterior and construction

Construction
Brick, Concrete, Wood Frame, Wood Siding
Roof
Tar/Gravel
Foundation
Poured Concrete, Slab
Zoning
C-2

Commercial

Business type
Bar/Tavern/Lounge, Hospitality, Hotel/Motel, Restaurant

Services

Utilities
Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Phone Available, Sewer Available
Sewer
Sewer
Water
Public

Community

City
Coaldale
Province
AB
Postal code
T1M 1A4

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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