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$ 2,799,000
Est. payment /mo
Active
392 Centre ST Drumheller, AB T0J0Y0
0.54 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Drumheller
MLS® Listing ID A2295532
Year Built 1984
Annual Tax Amount $45,043
Tax Year 2025
Lot Size 0.540 Acres
Acres 0.54
Property Sub-Type Hotel/Motel
Source Calgary
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
State AB
County Drumheller
Zoning DT
Interior
Inclusions SEE REMARKS
Others
Restrictions None Known
Tax ID 101809759
Ownership Private
Listed by RE/MAX House of Real Estate