7719 17 Avenue, Coleman, Alberta T0K 0M0

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. (id:27476)

Welcome to the Grand Union Hotel, a historic landmark in Coleman that has been a part of the town's rich heritage since 1904. Originally constructed as a wooden building, it was later transformed into its current brick form in 1924, solidifying its iconic status in the community.

Under the current ownership, the Grand Union Hotel has flourished, boasting multiple revenue streams that contribute to its success. The property features seven Video Lottery Terminals (VLTs) and a lively bar on the main level, which is renowned for its live music events. Additionally, a separate street-facing space is leased for salon services, adding further value to the property.

As you ascend to the top floor, you'll encounter a beautifully renovated manager's suite. This spacious area includes a comfortable living room, a well-equipped kitchen, three welcoming bedrooms, and a bathroom. The top floor also accommodates ten rental rooms, each equipped with sinks, and two additional bathrooms to cater to the needs of the guests, all of which are currently operational and generating rental income.

The second floor of the hotel features six rental rooms with private bathrooms, ensuring convenience for guests. Additionally, there are six more rooms, each with sinks, and two designated bathrooms to serve these rooms. These rooms have been meticulously maintained, with recent updates enhancing their overall appeal.

The basement of the Grand Union Hotel offers various amenities, including coin laundry facilities, two bathrooms, and ample storage space. Recent upgrades to the mechanical systems, particularly the heating system, ensure efficient operation of the property.

With the ongoing development and revitalization of historical downtown Coleman, this property presents an exceptional opportunity for investors to be part of the transformation. Don't miss the chance to own a piece of history and become a steward of the Grand Union Hotel. Contact your preferred realtor today to schedule a viewing and explore the potential that awaits in this thriving and historically significant location.

This property is for sale and is located at 7719 17 Avenue in Coleman, Alberta, with a postal code of T0K0M0. The building exterior is finished with brick and concrete, and it utilizes natural gas as its heating fuel.