392 Centre ST, Drumheller, AB T0J0Y0
392 Centre ST, Drumheller, AB T0J0Y0
392 Centre ST, Drumheller, AB T0J0Y0
392 Centre ST, Drumheller, AB T0J0Y0
392 Centre ST, Drumheller, AB T0J0Y0
392 Centre ST, Drumheller, AB T0J0Y0
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Justin Newman

Justin Newman

+1(403) 668-1272
$ 2,799,000
Est. payment | /mo

19,355 SqFt

Save
$ 2,799,000
Est. payment | /mo
Save

19,355 SqFt

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Square Footage 19,355 sqft

Price per Sqft $144

Subdivision Downtown Drumheller

MLS Listing ID A2295532

Year Built 1984

Lot Size 0.540 Acres

Acres 0.54

Property Sub-Type Hotel/Motel

Property Description

Rare opportunity to become an owner operator of your own established motel/hotel in the heart of Drumheller-the Dinosaur capital of Alberta! This is your chance to own an "Econolodge Inn and Suites",a name synonymous with reliability and value. There are 54 suites offering a variety of sleeping arrangements,and,onsite living quarters for the owner/manager! This is a low overhead business offering a bustling very busy summer season. Located downtown,there is ample parking on the property and the motel offers breakfast dining. For the ultimate in convenience,there is a Shoppers Drug Mart right across the street. Drumheller is famous for its Dinosaurs and is only 110km from Calgary. Also,it is home to the 2nd largest natural gas field in Alberta. Tourism plays the largest part in attracting visitors including the "worlds largest dinosaur","Canadian Badlands Passion Play" at the amphitheatre,and of course,the "Royal Museum of Paleontology. The museum itself attracts half a million visitors every year! Add the spectacular Hoodos and you can see why Drumheller is a top Alberta destination! The hotel achieves an attractive cap rate and provides a relaxed,yet profitable lifestyle. If you're looking to run a profitable business while enjoying a small town feel,this might be the business you've been looking for!

Location

Province AB

County 0532

Zoning DT

Interior

Inclusions SEE REMARKS

Fireplace No

Exterior

Garage No

Building

Dwelling Type Hotel/Motel

Others

Restrictions None Known

Listed by RE/MAX House of Real Estate

LOCATION AND NEARBY PROPERTIES

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392 Centre ST

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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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