• 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB
  • 500 - 650 South Railway Avenue, Drumheller, AB

8,329 ft²
Retail
$2,500,000
Sale


Allison Baird
Allison Baird
Heartland Real Estate

The Space
Asking Price$2,500,000
Available Space8,329 ft²
Suite Number500
MLS® IDA2234301
ZoningC4
Year Built2018
SourceAlberta West Realtors Association

The Building

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

Property TypeRetail
Building Size8,329 ft²
MLS® IDA2234301
ZoningC4
Year Built2018

The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™

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Allison Baird
Allison Baird
Heartland Real Estate
Contact
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