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List Price: $2,500,000

650 South Railway Avenue, Drumheller , Alberta, T0J0Y6

- By RE/MAX Cascade Realty
Retail|MLS - #|Active
Bed
Bath
8329.00 Sqft.

Client Remarks

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
Property Description

650 South Railway Avenue, Drumheller, Alberta, T0J0Y6

Property type

Retail

Lot size

N/A acres

Style

N/A

Approx. Area

8329.00 Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

None

Building size

8329.00

Status

In-Active

Property sub type

Maintenance fee

$0

Year built

--

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650 South Railway Avenue, Drumheller, Alberta, T0J0Y6
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Commercial PropertiesProperty Management

Mortgage Information

Estimated Payment

$0 Principal and Interest

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