101 Grove Place, Drumheller, AB T0J0Y0 – A2217986

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 3,590,000

Est. payment | -/mo

15,637 SqFt

Save

$ 3,590,000

Est. payment | -/mo

Save

15,637 SqFt

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 15,637 sqft

Price per Sqft $229

Subdivision Downtown Drumheller

MLS® Listing ID A2217986

Year Built 1979

Lot Size 1.090 Acres

Acres 1.09

Property Sub-Type Freehold

Source Calgary Real Estate Board

Property Description

This 2 stories 49 rooms limited services franchise hotel occupies a location with access and exposure to Highway #9. The subject benefits from the synergies created along this highway commercial node. Drumheller's economy is based on agriculture and tourism with the oil and gas industry. Located on the CN main line linking Calgary and Saskatoon, it is a service center for the surrounding agricultural area engaged in grain production, specialty crop that, hay production, and ranching. There are several tourist attraction places such as the Drumheller Valley, the Tyrell Museum of Palaeontology which is the largest museum archaeological display in the world, has always held a degree of appeal for tourists. It is estimated that the number of visitors to the area has tripled to approximately 500,000 per annum. Revenue) 2024: $1.079,406, 2023:$1,061,049, NOI) 2024 : $355,298, 2023: $376,772 (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Exterior

Parking Features No

View Y/N No

Private Pool No

Others

Ownership Freehold

Listed by MaxWell Canyon Creek

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

101 Grove Place Drumheller, AB T0J0Y0