500, 650 South Railway Avenue, Drumheller Drumheller, Alberta, T0J0Y6
Listing Price
$2,500,000
commercial
0 beds
0 baths
8329 sqft
Property Details
Property Type
commercial
Year Built
2018
Annual Taxes
$25,782.29 (2025)
MLS Number
A2234301
Listed Date
Jun 26, 2025
Days on Market
301
Zoning Description
C4
Parcel Number
0038118428
Tours & Floorplans
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Description
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:63190)
Location
500, 650 South Railway Avenue, Drumheller, Alberta, T0J0Y6
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