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67-71 Bridge St 1,636 SF Retail Building Drumheller, AB T0J 0Y0 $660,000 CAD ($403.42 CAD/SF) 5.50% Cap Rate

Investment Highlights
- Exceptional commercial property
- Strategically situated for optimal visibility and accessibility
- A lucrative investment opportunity
Executive Summary
Exceptional commercial property, located in the heart of Drumheller, offers a lucrative investment opportunity. A generous 11,880 sqft of commercial space, providing ample room for various business ventures. Independent parking lot with 18 designated spaces, ensuring convenience for both clients and employees. Currently generating an annual rental income of $36,300, a testament to its value as a sound investment .Property tax and equipment & facility maintenance are the responsibility of the tenant. Strategically situated for optimal visibility and accessibility, attracting foot traffic and potential customers Commercial Zoning providing flexibility for different business types. 1.5 hours drive to Calgary.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,636 SF
Building Class
C
Year Built
1960
Price
$660,000 CAD
Price Per SF
$403.42 CAD
Cap Rate
5.50%
NOI
$36,300 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.27 AC
Zoning
CB - Central Business District
Parking
18 Spaces (11 Spaces per 1,000 SF Leased)
Amenities
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 2
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67-71 Bridge St
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