Melissa Callard Phone: 403-635-7653 Email: [email protected]

For questions about government programs and investing in Alberta Email: [email protected]

Overview

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.

Details
Available Space: 13124ft²
Price: $625,000
Location Street Address: 7719 17 Avenue
Space Year Built: 1924
Property Types: Other

Infrastructure Details
Note: distances are in straight line, rather than driving distances
Nearest highways:
  • Highway 3 - Less than 1 km (High Load Corridor)
  • Highway 3X - Less than 1 km (High Load Corridor)
  • Highway 40 - Less than 1 km (High Load Corridor)
  • Highway 22 - 22.57 km (High Load Corridor)
Nearest hospital:
  • Crowsnest Pass Health Centre - 3.73 km
Nearest airports:
  • Local: Pincher Creek Airport - 38.67km
  • Regional: Lethbridge County Airport - 122.98km
  • International: Calgary International Airport - 168.83km
Nearest Historic Site
  • Historic site designation: 3h
  • HRV(3): contains a significant historic resource that will likely require avoidance
  • Category (h): historic period
Nearest powerlines:
  • AltaLink - 786L 138kv - 0.94 km
Nearest substations:
  • COLEMAN - 799S , AltaLink - 1.03 km
  • NATAL - Natal , BC Hydro - 28.08 km
Nearest railways:
  • Canadian Pacific, Class : Main - 0.14 km
Nearest gas franchise area:
  • Within 57.35 m
    Service Area: ATCO Gas – ATCO Natural Gas Distribution Customer Correspondence
Nearest Power Plant:
  • Cowley Ridge (CRE3), TransAlta Corporation - 29.8 km
    Wind, 20 MW
Fibre Internet Availability:
  • Ready/Available
  • Availability is estimated. Contact an internet service provider for more information.
Nearest Rail Terminals
Type Name Operated By Types of Products Shipped Distance
Gain CP Blackie Cargill
  • Grain
125.2 KM
Transload CP Monarch More Than Just Feeds
  • Bulk ag products
102.36 KM
Intermodal CP Calgary Intermodal Terminal Canadian Pacific
152.66 KM
Transload CP Calgary Ogden TFR
  • Chemicals/energy
154.89 KM
Transload CP Calgary Calgary TFR
  • Steel
  • steel products
155.72 KM
Highways
Airports
International
Regional
Local
Railways
Rail Stations
Powerlines
Substations
Irrigation

Community Economic Highlights: Crowsnest Pass, AB
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Crowsnest Pass is a business hub for Accommodation And Food Services, Public Administration, and Arts, Entertainment and Recreation
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Crowsnest Pass has higher network speeds compared to other municipalities in Alberta
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Crowsnest Pass's workforce is specialized in Oil and Gas Extraction, Management of Companies and Enterprises, and Arts, Entertainment and Recreation

Community Economic Details: Crowsnest Pass, AB
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Site Data Provided by: Pillar9 ™
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