$999,000

Commercial For Sale In Drumheller, Alberta

$999,000

Property Information:

Nestled in the heart of Drumheller's historic downtown revitalization district, this charming multi-family building exudes character and potential. Boasting a spacious 3,483 sqft layout, it comprises five self-contained rental suites, ranging from one to three bedrooms, some with ensuites. Extensively renovated, the property features upgraded electrical, windows, appliances, air conditioning units (5), furnaces, and a new roof. Each unit offers off-street parking, in-suite laundry, and secure storage, ensuring convenience and comfort for tenants. Drumheller's strong demand for long-term rental properties, driven by industries like coal mining, agriculture, and tourism, presents an opportunity for stable returns on investment. With affordable real estate prices compared to larger cities, Drumheller is an enticing prospect for investors seeking lucrative opportunities in the rental market. Don't miss out on the chance to establish a profitable rental property portfolio in this appealing town!

Inclusions: All appliances

Property Features:

  • Built in: 1948
  • Construction Materials: Mixed, Vinyl Siding, Wood Frame
  • Cooling: Central Air
  • Floor Space (approx): 7228.00 Square Feet
  • Heating: Forced Air
  • Lot Size: 7500.00 Square Feet
  • Roof: Asphalt Shingle
  • Zoning: DT

Courtesy of: Sotheby's International Realty Canada

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
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