104 Main Street, Carseland
$2,200,000
MLS® # A2205036
RE/MAX House of Real Estate
500, 650 South Railway Avenue, Drumheller
$2,500,000
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
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
Essential Information
MLS® #A2234301
Price$2,500,000
Bathrooms0.00
Acres0.00
Year Built2018
TypeCommercial
Sub-TypeRetail
StatusActive
Community Information
Address500, 650 South Railway Avenue
SubdivisionNONE
CityDrumheller
CountyDrumheller
ProvinceAlberta
Postal CodeT0J0Y6
Additional Information
ZoningC4
Listing Details
OfficeRE/MAX Cascade Realty
LISTING MAP
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