$ 3,590,000
101 Grove Place Drumheller, AB T0J0Y0
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
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$ 3,590,000
Est. payment /mo
Active
101 Grove Place Drumheller, AB T0J0Y0
15,637 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Bare Land Condo
Listing Status Active
Purchase Type For Sale
Square Footage 15,637 sqft
Price per Sqft $229
Subdivision Downtown Drumheller
MLS® Listing ID A2108993
Originating Board Calgary Real Estate Board
Year Built 1979
Lot Size 1.090 Acres
Acres 47480.4
Property Description
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:24570)
Location
Province AB
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No
Others
Ownership Bare Land Condo
Listed by MaxWell Canyon Creek
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