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
DOM84
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








Sean Gillis - RE/MAX Grande Prairie

A2234301 Unit #500 650 South Railway Avenue
Agent reviews Cell: 780.897.3520
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Recent Customer Reviews
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It was a great experience to have Sean as our realtors. He moves fast, lots of communication of feedbacks during our showings.
Kassandra Lajeunesse - Buy/Sell

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Sean conducts his business in a transparent and honest way. He is available at any hour of the day. He always has a back up plan ready if the first plan falls through. This foresight / contingency is extremely valuable when working on tight timelines. Would recommend Sean to anyone who is need of Real Estate Agent services.
Riley Arguin - Buy


Drumheller Housing Trends


Real Estate Listings: 80
Highest Price: $980,000.00
Lowest Priced: $27,500.00
Average Price: $290,510.86
Land: 26
September 16th 8:40pm

Agent reviews Cell: 780.897.3520

(89 Reviews)
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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 secondary schools include Schools & resources

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

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

This property is located at Unit #500 650 South Railway Avenue , Drumheller, Alberta, T0J0Y6 in the Drumheller community. 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.