101 Grove PL Active Save Request In-Person Tour Request Virtual Tour
Drumheller,AB T0J 0Y0
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Drumheller
MLS Listing ID A2108993
Originating Board Calgary
Year Built 1979
Annual Tax Amount $39,000
Tax Year 2023
Lot Size 1.090 Acres
Acres 1.09
Property Description
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
Location
Province AB
County Drumheller
Zoning Highway Commercial
Interior
Inclusions Will provide upon request
Others
Restrictions Utility Right Of Way
Tax ID 85338019
Ownership Private