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A2247539 - 601 7 Street E, Drumheller, Alberta T0J0Y5




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Fantastic opportunity to acquire a rare commercial property with roughly 9,000 square feet of space over three floors in a one-of-a-kind Drumheller location.
Occupying a corner lot in one of the town’s most popular riverside residential areas, the property is two blocks from primary traffic routes, a short distance from the downtown district, and immediately across the street from Drumheller’s two senior’s lodges.
The location creates unparalleled direct access to the residential community and adjacent seniors population - ideal for medical or service related businesses. This is evidenced by the current long-term main floor tenant, an Alberta Government family and community services centre.
The tenanted area of the building has been renovated, however the seller delayed renovating the other floors to explore the opportunities that the large 18,600 sq.ft (0.43 acre) lot provides for building expansion or possible conversion to residential use.
In addition to the commercial and expansion possibilities, Drumheller’s acute residential shortage makes this location also ideal for rental apartments or condominium conversion - providing a myriad of options for a savvy investor.
Preliminary discussions with the town planning office has shown that there is ample underground capacity for both expansion or conversion, and the town expressed support for discussing both expansion and conversion options.
The building itself has been well maintained, and is a walk-up with chair-lift access between floors which helps keep general operational costs down vs. an elevator.
With windows replaced 10 years ago, efficient forced air heating systems, upgraded electrical with 400amp service, ample parking, and a host of current and future usage options, this is a remarkable investment you don’t want to miss!

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ESSENTIAL
MLS®:A2247539
Price:575,000.00
Type:Commercial
Sub Type:Mixed Use
Lot Size:18,857 sq. ft.
RestrictionsNone Known
DOM87
INTERIOR SNAPSHOT   
Sq Ft:9,000
Heating:Forced Air, Natural Gas


COMMUNITY DETAILS
Address:601 7 Street E, Drumheller, Alberta T0J0Y5
City:Drumheller
Subdivision:Riverview Park
County:Drumheller
Province:Alberta
Postal Code:T0J0Y5
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1962
Structure Type:Low Rise (2-4 stories)
Foundation:Poured Concrete
Frontage:38.10M 125`0"
Lot Dimensions:125 x 150 +/-
Roof:Flat Torch Membrane
Zoning:ND
Construction:Brick, Concrete, Mixed, Wood Frame
Parking Total:32
ROOM DIMENSIONS


Inclusions: Exterior storage shed, power chair lift system
Lot Features: Back Lane, Corner Lot, Low Maintenance Landscape, See Remarks



Courtesy: CIR Realty


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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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Riverview Park Housing Trends


Real Estate Listings: 7
Highest Price: $575,000.00
Lowest Priced: $225,000.00
Average Price: $445,685.71
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FAQs about 601 7 Street E, Drumheller,
Alberta, T0J0Y5

601 7 Street E MLS® A2247539 has an approximate size of 0 Sq. Ft. located in Riverview Park.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Commercial listing at 601 7 Street E, MLS® A2247539.

This Commercial listings is priced at $575,000.

This property is located at 601 7 Street E, Drumheller, Alberta, T0J0Y5 in the Riverview Park community on the market for 87 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 Riverview Park community resources page.