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392 Centre Street, Drumheller, AB, T0J 0Y0

MLS® # A2295532
Commercial For Sale In Drumheller, Alberta
$2,799,000

None Beds

392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
392 Centre Street, Drumheller, AB
  • Advertising
392 Centre Street, Drumheller, AB, T0J 0Y0
$2,799,000

Property Information:

Rare opportunity to become an owner operator of your own established motel/hotel in the heart of Drumheller-the Dinosaur capital of Alberta! This is your chance to own an "Econolodge Inn and Suites", a name synonymous with reliability and value. There are 54 suites offering a variety of sleeping arrangements, and, onsite living quarters for the owner/manager! This is a low overhead business offering a bustling very busy summer season. Located downtown, there is ample parking on the property and the motel offers breakfast dining. For the ultimate in convenience, there is a Shoppers Drug Mart right across the street. Drumheller is famous for its Dinosaurs and is only 110km from Calgary. Also, it is home to the 2nd largest natural gas field in Alberta. Tourism plays the largest part in attracting visitors including the "worlds largest dinosaur", "Canadian Badlands Passion Play" at the amphitheatre, and of course, the "Royal Museum of Paleontology. The museum itself attracts half a million visitors every year! Add the spectacular Hoodos and you can see why Drumheller is a top Alberta destination! The hotel achieves an attractive cap rate and provides a relaxed, yet profitable lifestyle. If you're looking to run a profitable business while enjoying a small town feel, this might be the business you've been looking for!

Inclusions: SEE REMARKS

Property Features:

  • Built in: 1984
  • Floor Space (approx): 19355.00 Square Feet
  • Lot Size: 23523.00 Square Feet
  • Zoning: DT

Courtesy of: RE/MAX House of Real Estate

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 392 Centre Street, Drumheller, AB, T0J 0Y0

Demographic Information of 392 Centre Street, Drumheller, AB, T0J 0Y0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$106,427.47

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.94 %

High school certificate or equivalent

38.19 %

Apprenticeship trade certificate/diploma

8.67 %

College/non-university certificate

18.02 %

University certificate (below bachelor)

2.57 %

University Degree

13.6 %

Commuter

Travel To Work

By Car

88.67 %

By Public Transit

0.0 %

By Walking

6.4 %

By Bicycle

0.84 %

By Other Methods

4.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.74 %

Houses

77.26 %

Own Vs. Rent