7719 17 Ave, Coleman, Alberta, T0K0M0, Coleman, AB

$675,000
Est. Mortgage /mo

MLS® A2059474

$675,000
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
587-355-2343
Go See This Home Now
lot 0 sqft
13124 sqft
1924 built
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Schools
Crime
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Property details

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:26763)

Location Details
Area Canada
State Alberta
City Coleman
Postal Code T0K0M0
Property Metrics
Floor Area Total (Sq.ft) 13124
Financial Details
List Price 675,000

Neighborhood Info

Private Schools
Elementary, Secondary
The Fernie Academy
Above Average
42.47 km
No Rating
Details
Elementary, Secondary
The Fernie Academy
Above Average
42.47 km
No Rating
Details
Closest Transit
Sparwood
Aspen Dr at 100 Block (SB)
28.32 km

The closest Elementary independent school to this home for sale located at 7719 17 Avenue, Coleman, Alberta, T0K0M0 is The Fernie Academy with School's rating No Rating, located 42.47 km from this home.

The closest to this address 7719 17 Avenue, Coleman, Alberta, T0K0M0 Secondary independent school is The Fernie Academy with School's rating No Rating, located 42.47 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 664 volation disturbances in this neighbourhood. The overall crime rate near the address - 7719 17 Avenue, Coleman, Alberta, T0K0M0, Coleman, AB is 10,040.83. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Above Average rate in 2020. Year by year change in the total crime rate is 18.0%

Drug crime rate next to the listing for sale MLS® A2059474 is Average comparing to other neighbourhoods. The illegal substances offences rating is 196.58. This is the amount of drug crime incidents per 100,000 population. There were 13 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 48.9%

Property crimes in the neighbourhood close to real estate listing for sale 7719 17 Avenue, Coleman, Alberta, T0K0M0 are Average. Property misconduct rating adjacent to MLS® A2059474 is 5,050.66. There were 334 in the neighbourhood in 2020. Year by year change in the property misconduct rate is 10.4%

There were 170 violent lawbreaking disorders in 2020. 2,570.69 and it is Above Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 39.1%

The closest Bus station is Aspen Dr at 100 Block (SB) in 28.32 km away from this listing with - MLS® A2059474.

12.2% of people with university certificate/degree live in this neighbourhood adjacent to the 7719 17 Avenue, Coleman, Alberta, T0K0M0 which is Below Average in comparison with other BC neighbourhoods. 21% of population in this neighbourhood that is near the Listing MLS® A2059474 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 7719 17 Avenue, Coleman, Alberta, T0K0M0, Coleman, AB is $73856 which is Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® A2059474 is $34554 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 47.1% which is Low.

Unemployment rate in the area around MLS® Listing # A2059474 is 8.8 which is Average in comparison to the other province neighbourhoods.

This real estate is located in 7719 17 Avenue, Coleman, Alberta, T0K0M0 where population change between 2011 and 2016 was 0.4%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 7719 17 Avenue, Coleman, Alberta, T0K0M0, Coleman, AB is 15 which is Low people per sq.km.

Average size of families in the area adjacent to home for sale 7719 17 Avenue, Coleman, Alberta, T0K0M0 is 2.6. This is Low number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® A2059474 is 41.7% and it is Low. % of Married or living common law is around 64.5% and it is Above Average.

Average age of the population close to the 7719 17 Avenue, Coleman, Alberta, T0K0M0 is 46.1 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 7719 17 Avenue, Coleman, Alberta, T0K0M0, Coleman, AB is $284109 and this is Below Average comparing to other areas in British Columbia

Average Owner payments are Below Average in the area adjacent to 7719 17 Avenue, Coleman, Alberta, T0K0M0. $986 owners spent in average for the dwelling. Tenants are paying $967 in this district close to MLS® A2059474 and it is Average comparing to other cities.

17.7% of Population in this district near the 7719 17 Avenue, Coleman, Alberta, T0K0M0 are Renters and it is Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 7719 17 Avenue, Coleman, Alberta, T0K0M0, Coleman, AB is 3.2%, it is Low, % of English speakers only is 96.7% and High. % of Neither English nor French speakers close to home for sale 7719 17 Avenue, Coleman, Alberta, T0K0M0, Coleman, AB is 0.2% and it is Low comparing to other BC cities.

3.8% of all population in the area around this property with the address 7719 17 Avenue, Coleman, Alberta, T0K0M0, Coleman, AB using Public Transport which is Below Average, 87.2% of using population are using Cars around MLS® A2059474, which is Average. 1.1% of people using Bicycles around the 7719 17 Avenue, Coleman, Alberta, T0K0M0 and it is Average. 5.1% of population are walking which is Average

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Local Info

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Property Taxes $202
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Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
587-355-2343
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