101 Grove PL new

Drumheller,AB T0J0Y0

$ 3590000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

Subdivision Downtown Drumheller

MLS Listing ID A2217986

Originating Board Calgary

Year Built 1979

Annual Tax Amount $44,954

Tax Year 2024

Lot Size 1.090 Acres

Acres 1.09

Property Sub-Type Hotel/Motel

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) 2024: $1.079,406, 2023:$1,061,049, NOI) 2024 : $355,298, 2023: $376,772

Location

State AB

County Drumheller

Zoning HWY-C – Highway Commerci

Interior

Inclusions will provide

Others

Restrictions Utility Right Of Way

Tax ID 91388341

Ownership Private

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