Allison Baird
(403) 740-9696
RE/MAX Cascade Realty
403-762-8848
500, 650 South Railway Avenue
Drumheller , Alberta T0J0Y6
Drumheller , Alberta T0J0Y6
Disclaimer - It is your responsibility to perform the appropriate due diligence to verify information provided by users or third parties on this website or in subsequent interactions. For more information see our website’s Terms of Use.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
500, 650 South Railway Avenue For Sale
$2,500,000
Drumheller, Alberta
Transaction Type
For Sale
Days On Market
1
Zoning
C4
Year Built
2018
Property Type
Commercial
Building Area (Sq. Ft.)
8329.00
Listing ID: 31115
MLS ID: A2234301
RE/MAX Cascade Realty is 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
Transaction Type
For Sale
For Sale
Days On Market
1
1
Zoning
C4
C4
Subdivision
NONE
NONE
Year Built
2018
2018
Structure Type
Retail
Retail
Property Type
Commercial
Commercial
Property Sub Type
Retail
Retail
Legal Plan
1812180
1812180
Building Area (Sq. Ft.)
8329.00
8329.00
Building Area (Sq. M.)
773.78
773.78
Inclusions
Commercial Building Systems
Commercial Building Systems
Restrictions
None Known
None Known
Reports
Aerial Photos,Information Package
Aerial Photos,Information Package
