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 main line 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:55577)
Property Features
- MLS® Number A2108993
- Price $3,590,000
- Square Footage: 15637.38 sqft
- Community Name: Downtown Drumheller
- Plan 7911235
Business
| Business Type | Accommodation | Business Sub Type | Hotel/motel |
Buildings
| 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 |
Agents and Offices
- Francis C. Lee
- Office: Maxwell Canyon Creek