Coalisland was one of the earliest industrial communities and was once the terminus of a busy canal route that conveyed coal and other traffic. Although coalmining has ceased it continues to be a thriving industrial town. The Torrent River, a great source of industrial waterpower, is also a natural feature; the Coalisland Canal walk which runs alongside the Torrent River and canal is open to the public. Washingbay, not far from Coalisland on the shores of Lough Neagh, is a nature conservation area – a haven for wildlife enthusiasts. To the east of the town on the shores of Lough Neagh are the impressive remains of Mountjoy Castle. It was once the garrison fort of Lord Charles Mountjoy, established by him in 1607 for the English troops.
The Enterprise Centre in Coalisland hosts a craft business ‘Island Turf’ and Craic theatre, a community based Theatre Company. Gortgonis, on the edge of the town offers a running track, pavilion and all weather multi use pitch. Sport is also the order of the day at the nine-hole golf course at Brackaville.