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CHRIS.MCANDREW@CENTURY21.CA

 

Century 21 Elevate Office: 30 Springborough Blvd SW, Suite 250, Calgary, AB T3H0N9


LOADING

101 Grove Place Drumheller, Alberta T0J 0Y0

15637.38 sqft
Acreage

$3,590,000

This 2 stories 49 rooms limited services franchise hotel occupies a location with access and exposure to Highway #9. The subject benefits from the synergies created along this highway commercial node. Drumheller’s economy is based on agriculture and tourism with the oil and gas industry. Located on the CN mainline linking Calgary and Saskatoon, it is a service center for the surrounding agricultural area engaged in grain production, specialty crop that, hay production, and ranching.There are several tourist attraction places such as the Drumheller Valley, the Tyrell Museum of Palaeontology which is the largest museum archaeological display in the world, has always held a degree of appeal for tourists. It is estimated that the number of visitors to the area has tripled to approximately 500,000 per annum.Revenue : 2023:$1,061,049, 2022 :$775,319 , NOI : 2023: $376,772 (id:48042)

Business

Business Type Accommodation
Business Sub Type Hotel/motel

Property Details

MLS® Number A2108993
Property Type Business
Community Name Downtown Drumheller
Plan 7911235

Building

Constructed Date 1979
Size Exterior 15637.38 Sqft
Size Interior 15637.38 Sqft
Total Finished Area 15637.38 Sqft

Land

Acreage Yes
Size Irregular 1.09
Size Total 1.09 Ac|1 - 1.99 Acres
Size Total Text 1.09 Ac|1 - 1.99 Acres
Zoning Description Highway Commercial

https://www.realtor.ca/real-estate/26540320/101-grove-place-drumheller-downtown-drumheller