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!

DOWNLOAD Feature sheet

ESSENTIAL
MLS®:A2247539
Price:575,000.00
Type:Commercial
Sub Type:Mixed Use
Lot Size:18,857 sq. ft.
RestrictionsNone Known
DOM38
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








Sean Gillis - RE/MAX Grande Prairie

A2247539 601 7 Street E
Agent reviews Cell: 780.897.3520
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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


Riverview Park Housing Trends


Real Estate Listings: 7
Highest Price: $575,000.00
Lowest Priced: $339,900.00
Average Price: $476,971.43
September 17th 2:40pm

Agent reviews Cell: 780.897.3520

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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 secondary schools include Schools & resources

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

This Commercial is priced at $575,000.

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