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8329 20 Avenue, Coleman, AB, T0K 0M0

MLS® # A2196716
Commercial For Sale In Coleman, Alberta
$850,000
8329 20 Avenue, Coleman, AB
8329 20 Avenue, Coleman, AB
8329 20 Avenue, Coleman, AB
8329 20 Avenue, Coleman, AB
8329 20 Avenue, Coleman, AB
8329 20 Avenue, Coleman, AB
8329 20 Avenue, Coleman, AB, T0K 0M0
$850,000

Property Information:

OPTION TO LEASE AVAILABLE - BUSINESS WITH PROPERTY FOR SALE - DRIVE THROUGH LOT - THREE LOTS!!!! - MAJOR HWY EXPOSURE - BC/AB BORDERSeize the opportunity to own a beloved establishment that has been a cornerstone of the community since 1958! This popular restaurant and tavern is ideally situated directly on Highway 3, ensuring maximum visibility and easy access for highway traffic. Conveniently located across from hotels, it attracts both locals and tourists alike. With seating for 90 guests and a fully functioning two-tiered patio adding seating for 45 additional guests, boasting stunning mountain views, this venue is perfect for family gatherings and special occasions. The property includes three expansive lots, which includes a generous parking lot that accommodates up to 20 vehicles, and a spacious 2,400 sq. ft. main floor. Additionally, the basement features loads of storage, a second walk-in cooler, a staff washroom, business office space, and a fully permitted one-bedroom plus den manager suite with a private entrance, offering comfortable living quarters for on-site management. This sale includes the thriving business, the property (three lots), and all furniture, fixtures, equipment, and goodwill. Crowsnest Pass is surrounded by a wealth of tourist attractions, making it an ideal location for a thriving restaurant business. Outdoor enthusiasts will love the diverse recreational activities available, including Skiing and Snowboarding, Fishing, Hiking and Biking, Historic Mining Tours, and The Frank Slide. These attractions not only enhance the appeal of Crowsnest Pass as a destination but also provide a steady stream of visitors year-round, ensuring a vibrant customer base for your restaurant. Don’t miss this rare opportunity to own a well-established family-operated restaurant and tavern in a beautiful community at the heart of the Rockies, serving as the perfect gateway to British Columbia. - DO NOT APPROACH THE STAFF - APPOINTMENT REQUIRED TO VIEW.

Inclusions: Owner to provide Equipment List

Property Features:

  • Built in: 1991
  • Business Type: Bar/Tavern/Lounge, Deli/Catering, Food & Beverage, Restaurant
  • Floor Space (approx): 2681.00 Square Feet
  • Lot Size: 14250.00 Square Feet
  • Property Access: Accessible to Major Traffic Route, Back Alley Access, Front and Rear Drive access, Direct Access, On Major Traffic Route, Paved Road, Strip Shopping Mall, Two-Way Access
  • Zoning: DRIVE-IN COMMERCIAL
  • No. of Parking Spaces: 20

Courtesy of: Century 21 Bravo Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 8329 20 Avenue, Coleman, AB, T0K 0M0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

31 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

31 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 8329 20 Avenue , experiences 7 hot days per year at around 27 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 31.2 degrees Celsius.

Projected Avg. Temperature

Past
27℃
2050
31.2℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

41/100

Moderate

ClimateCheck®

Current data

This property, 8329 20 Avenue , experiences 11 significant 2-day storms per year, with about 245.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 284.4mm of precipitation per year.

Precipitation Per Storm

Past
245.6mm
2050
284.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 8329 20 Avenue, Coleman, AB, T0K 0M0

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$107,088.49

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.07 %

High school certificate or equivalent

27.92 %

Apprenticeship trade certificate/diploma

13.3 %

College/non-university certificate

21.95 %

University Degree

8.76 %

Commuter

Travel To Work

By Car

87.19 %

By Public Transit

7.93 %

By Walking

0.02 %

By Bicycle

0.0 %

By Other Methods

4.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.57 %

Houses

97.43 %

Own Vs. Rent