Drumheller Commercial Properties for Sale

Commercial Real Estate in Drumheller available for sale

Drumheller Commercial Property for Sale

More details for 101 Grove Pl, Drumheller, AB - Hospitality for Sale

Travelodge by Wyndham Drumheller - 101 Grove Pl

Drumheller, AB T0J 0Y0

Hospitality for Sale
$3,590,000 CAD
18,367 SF

Drumheller Hospitality for Sale

Where is Drumheller? Drumheller is a unique and world-famous tourist destination located in the heart of Alberta’s Badlands, just 90 minutes northeast of Calgary. It attracts hundreds of thousands of visitors each year with its stunning landscapes, rich fossil history, and the world-renowned Royal Tyrrell Museum — Canada’s leading dinosaur museum. This vibrant town offers strong tourism-driven business potential and year-round activity, making it an ideal location for a hospitality investment. Beyond Tourism: What Drives Drumheller’s Economy? While Drumheller is best known for its tourism industry, the local economy is also supported by other key sectors including agriculture, oil and gas, and transportation. The region benefits from its location within Alberta’s energy corridor and its surrounding farmland, which contribute to stable year-round economic activity. These diverse industries provide consistent demand for accommodation, making motels in the area attractive investment opportunities. ABOUT the Travelodge by Wyndham Drumheller 1. Prime Tourist Location Located in the heart of Drumheller, one of Alberta’s top tourist destinations, just 90 minutes from Calgary. Home to the world-famous Royal Tyrrell Museum and the World’s Largest Dinosaur, the town attracts over 530,000 visitors annually. ? Consistent demand from both seasonal tourists and year-round travelers. 2. Strong Sale This property boasts a solid income stream. ? Attractive return for investors seeking cash flow. 3. Recently Renovated (2022) Fully renovated during the COVID-19 pandemic. The property is in turnkey condition, minimizing the need for further capital improvements. ? Move-in ready for immediate operation. 4. Ideal for Investors or Owner-Operators The size, performance, and location make this an excellent opportunity for either hands-off investors or owner-operators looking for a manageable and profitable hospitality asset. ? Flexible ownership potential in a thriving market. Courtesy of MaxWell Realty

Contact:

Sutton Group - 1st West Realty

Property Subtype:

Hotel

Date on Market:

2024-11-19

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601 7 St E

Drumheller, AB T0J 0Y5

Office for Sale
$575,000 CAD
9,200 SF

Air Conditioning
Security System
Controlled Access

Drumheller Office for Sale

Fantastic opportunity to acquire a rare commercial property with roughly 9,000 square feet of space over three floors in a one-of-a-kind Drumheller location. Occupying a corner lot in one of the town’s most popular riverside residential areas, the property is two blocks from primary traffic routes, a short distance from the downtown district, and immediately across the street from Drumheller’s two senior’s lodges. The location creates unparalleled direct access to the residential community and adjacent seniors population - ideal for medical or service related businesses. This is evidenced by the current long-term main floor tenant, an Alberta Government family and community services centre. The tenanted area of the building has been renovated, however the seller delayed renovating the other floors to explore the opportunities that the large 18,600 sq.ft (0.43 acre) lot provides for building expansion or possible conversion to residential use. In addition to the commercial and expansion possibilities, Drumheller’s acute residential shortage makes this location also ideal for rental apartments or condominium conversion - providing a myriad of options for a savvy investor. Preliminary discussions with the town planning office has shown that there is ample underground capacity for both expansion or conversion, and the town expressed support for discussing both expansion and conversion options. The building itself has been well maintained, and the walk-up with lift access without elevators helps keep general operational costs down while increasing the net revenue. With windows replaced 10 years ago, efficient forced air heating systems, upgraded electrical, ample parking, and a host of current and future usage options, this is a remarkable investment you don’t want to miss!

Contact:

Stonepoint Real Estate Team

Date on Market:

2025-09-04

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1381 Dinosaur trail

Drumheller, AB T0J 0Y0

Retail for Sale
$1,625,000 CAD
10,000 SF

Drumheller Retail for Sale

This is a very rare opportunity to own a one of Drumheller's unique tourist destinations! This Free standing retail store is approx 10,000+/- sq ft on a 1.5 acre lot and previously housed a very profitable gift store business that sold souvenirs to tourists visiting from all over the world! The remaining business assets are available to purchase separately from a separate seller. Located in Drumheller, a short 1.5 hour drive East of Calgary, on the Dinosaur Trail on the way to the world famous Tyrrell Museum.

Contact:

Century 21 Masters

Property Subtype:

Storefront

Date on Market:

2025-03-06

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Commercial Properties for Sale in Drumheller

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How many commercial properties are available for sale in Drumheller?

There are currently 3 commercial properties available for sale in Drumheller, offering a unique opportunity for businesses to establish a presence.

How big are the commercial properties available for sale in Drumheller?

The average size of commercial properties available for sale in Drumheller is about 12,522 SF. The largest commercial properties available to buy is 18,367 SF and the smallest is 9,200 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for commercial properties in Drumheller?

The average market cap rate for commercial properties for sale is about 8.57% based on data provided in Drumheller. Learn more about how cap rates are calculated.

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