Primary photo of 8329 20 Avenue, Coleman
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Business For Sale

$129,000

MLS® Number: A2296721

Floor Area

2,700

Year Built

1969

8329 20 Avenue, Coleman, Alberta

About This Property

Prime opportunity to own a well-equipped pub and grill restaurant located on the busy highway 3 in Coleman. Coleman is a community in the beautiful Rocky Mountains within the Municipality of Crowsnest Pass in southwest Alberta, Canada. Highway is busy all year around as it leads to Sparwood that is known for hiking, biking, fishing and mountain scenery and Fernie that is known for skiing and snowboarding. This 2700 sq. ft. space features seating capacity of 100 in dining area and 120 in outdoor patio. The restaurant boasts a full commercial kitchen with nearly new equipment and liquor licence. Restaurant is doing a good business with close to $50000 monthly gross sale. Total lease amount is $9500 that includes a restaurant, patio and a legal 1 bedroom basement suite for the staff, Perfect for a small family to live in a beautiful scenic Rocky Mountains. Snow removal is being shared equally by both Landlord and Tenant. Seller added a new under counter dishwasher, Ice Machine, Two Slide Coolers, Microwave, Prep table and dough machine after buying. It also provides the flexibility to convert into other cuisines, such as Korean, Vietnamese, Italian, or Mexican, subject to the landlord's approval.

Property Details

Interior Details

Living Area

2700 sqft

Building & Exterior

Building Area Total

2700.0

Building Area Units

square feet

Year Built

1969

Land & Location

Postal Code

T3J3R7

Listing & Financials

Listing Office

TREC The Real Estate Company

Originating System Name

Calgary Real Estate Board

Other Specifications

Country

Canada

Mortgage Calculator

20% ($25,800)
5.5%
25 Years

Estimated Monthly Payment

$634

Principal and interest only. Actual rates may vary.

Location & Map

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