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403.253.1901
101 Grove Place Drumheller

101 Grove Place, Drumheller, Alberta

$3,590,000

15,637 Square Feet
This 2 stories 49 rooms limited services franchise hotel occupies a location with access and exposure to Highway #9. The subject benefits from the synergies created along this highway commercial node. Drumheller’s economy is based on agriculture and tourism with the oil and gas industry. Located on the CN main line linking Calgary and Saskatoon, it is a service center for the surrounding agricultural area engaged in grain production, specialty crop that, hay production, and ranching.There are several tourist attraction places such as the Drumheller Valley, the Tyrell Museum of Palaeontology which is the largest museum archaeological display in the world, has always held a degree of appeal for tourists. It is estimated that the number of visitors to the area has tripled to approximately 500,000 per annum.Revenue : 2023:$1,061,049, 2022 :$775,319 , NOI : 2023: $376,772 (id:59963)
  • Listing ID: A2108993
  • Property Type: Business
  • Year Built: 1979
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Details

  • Maintenance Fee: 0.00
  • Maintenance Fee Payment Unit: Monthly
  • Ownership: Condominium/Strata
  • Plan: 7911235
  • Transaction: For sale
  • Zoning Description: Highway Commercial

Building

  • Constructed Date: 1979
  • Fireplace Present: False
  • Size Exterior: 15637.38 sqft
  • Size Interior: 15637.38 sqft
  • Total Finished Area: 15637.38 sqft

Land

  • Acreage: true
  • Size Irregular: 1.09
  • Size Total: 1.09 ac|1 - 1.99 acres

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    This property for sale located at 101 Grove Place in Drumheller was last modified on March 1st 2024. Let us connect you with one of our real estate agents to schedule a viewing or subscribe to other properties for sale in Drumheller.

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