208 Railway AVE E, Drumheller, AB T0J 0Y4
208 Railway AVE E, Drumheller, AB T0J 0Y4
208 Railway AVE E, Drumheller, AB T0J 0Y4
208 Railway AVE E, Drumheller, AB T0J 0Y4
208 Railway AVE E, Drumheller, AB T0J 0Y4
208 Railway AVE E, Drumheller, AB T0J 0Y4
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$ 340,000
Est. payment | /mo

0.35 Acres Lot


Save
$ 340,000
Est. payment | /mo
Save

0.35 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Drumheller

MLS® Listing ID A2277020

Annual Tax Amount $5,658

Tax Year 2025

Lot Size 0.352 Acres

Acres 0.35

Property Sub-Type Retail

Source South Central

Property Description

Investment property for Sale. Pawn Store Tenant pays Rent $2200 per month NNN This means that they pay the power Direct Billed + gas Direct Billed + water Direct Billed + Taxes $5246 / 12 =$437.17 per month +insurance. Est. $2000 / 12 =$166.67 +snow removal, garbage and landscaping. $26,400 of net income = 7.7% cap rate NNN. 13+ parking stalls in the front & 5 in the rear. LOT SIZE 15339.0 SQ FT. Zoning ND (Neighbourhood District).

Location

Province AB

County Drumheller

Zoning ND

Interior

Inclusions None

Others

Restrictions None Known

Tax ID 101809667

Ownership Private

Listed by Century 21 Masters

LOCATION AND NEARBY PROPERTIES

Go tour this home

208 Railway AVE E

GET MORE INFORMATION

Justin Newman

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

https://cdn.chime.me/image/fs/sitebuild/2022815/3/original_4f84e7d0-9456-495c-a45d-02ade0b6fb37.png

My husband and I recently purchased a home in Airdrie with Justin Newman and couldn't be happier with our experience! He guided us through the whole process, was incredibly helpful in answering questions, and went above and beyond to make sure the whole process was stress free and seamless. He was always available for phone calls and helped us navigate every aspect of the purchase (showings, home inspection, condo doc read, lawyers etc.). We highly recommend Happy House Hunting and Justin for a realtor in the Calgary area and will definitely be using him again!

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