
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, T0J0Y6Nearby Places

Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Commercial PropertiesProperty Management
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Estimated Payment
$0 Principal and Interest
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