500, 650 South Railway Avenue, Drumheller, Alberta

$2,500,000

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8,329

Square feet

About 500, 650 South Railway Avenue

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 (id:6289)

More Info on this Retail MLS® listing

500, 650 South Railway Avenue is a retail listing for sale in Drumheller. The MLS® number is A2234301. It was built in 2018 and covers 8,329 square feet. It's currently listed for $2,500,000. For more details on MLS® A2234301, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This retail listing in Drumheller is available now!

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Have a similar home to 500, 650 South Railway Avenue? If you’re thinking about selling your Drumheller retail property, then we should chat. Fill in the form on this page, or click request info, and we’ll get right back to you, and we can chat about selling your Drumheller property.

Features of 500, 650 South Railway Avenue

Listing # A2234301
Price $2,500,000
Square Footage 8,329
Year Built 2018
Type Retail
Sub-Type Retail

Community Information

Address 500, 650 South Railway Avenue
City Drumheller
Province Alberta
Postal Code T0J0Y6

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Zoning C4

Listing Details

OfficeHeartland Real Estate

Listing Map

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