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A2234301 - Unit #500 650 South Railway Avenue , Drumheller, Alberta T0J0Y6




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We are pleased to present the opportunity for an investor to acquire a Commercial Retail Building located at 500, 650 South Railway Avenue in Drumheller, Alberta. Offered at an attractive 6.00% CAP rate. The offering consists of one freestanding building that is operating as a Mark’s Work Wearhouse. The tenant is operating on a long-term, carefree NNN lease providing a stable cash-flow investment. Commercial Retail Building located in a busy shopping area with other national businesses such as Canadian Tire, A&W, ATB, Boston Pizza, McDonalds, Edo Japan, and Quesada. Drumheller is nestled in the heart of Alberta’s Canadian Badlands, about 110km northeast of Calgary. It’s famously known as the Dinosaur Capital of the World - and it wears that title proudly, supporting a trade area of approximately 40,000 residents. The local economy features diverse industries including oilfield and agribusiness, enhanced by the surrounding hoodoos, canyons, and fossil-rich terrain that drive tourism and reinforce the area’s retail sector. PLEASE RESPECT TENANTS PRIVACY

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ESSENTIAL
MLS®:A2234301
Price:2,500,000.00
Type:Commercial
Sub Type:Retail
RestrictionsNone Known
DOM134
INTERIOR SNAPSHOT   
Sq Ft:8,329


COMMUNITY DETAILS
Address:Unit #500 650 South Railway Avenue , Drumheller, Alberta T0J0Y6
City:Drumheller
County:Drumheller
Province:Alberta
Postal Code:T0J0Y6
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:2018
Structure Type:Retail
Zoning:C4
ROOM DIMENSIONS


Inclusions: Commercial Building Systems



Courtesy: HEARTLAND REAL ESTATE


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Big John Peterson - RE/MAX Realty Professionals
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We would highly recommend Big John and his team. Selling a property can be highly stressful. They alleviated much of that stress by keeping us informed throughout the whole process. Their professional advice was invaluable. We truly appreciated all of the team and thank them for their service
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We had a great experience years ago when Big John was our realtor of choice. Some things have changed but, Big John was every bit as professional now as years ago, Thanks to technology, the photos, video and brochures were absolutely great! When we saw our home on the website, we wanted to buy it. The showing process was also excellent. Easy to approve a showing and easy for us to make arrangements. Hopefully, we won't need Big John's services any time soon but, we will definitely recommend him and his team to anyone that should ask. Thank you for making the experience a positive one. Best regards Jim and Leslie G.
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Drumheller Housing Trends


Real Estate Listings: 62
Highest Price: $980,000.00
Lowest Priced: $40,000.00
Average Price: $307,313.06
Land: 21
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FAQs about Unit #500 650 South Railway Avenue , Drumheller,
Alberta, T0J0Y6

Unit #500 650 South Railway Avenue MLS® A2234301 has an approximate size of 0 Sq. Ft. located in Drumheller.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Commercial listing at Unit #500 650 South Railway Avenue , MLS® A2234301.

This Commercial listings is priced at $2,500,000.

This property is located at Unit #500 650 South Railway Avenue , Drumheller, Alberta, T0J0Y6 in the Drumheller community on the market for 134 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Drumheller community resources page.