101 Grove Place, Drumheller, Alberta
$3,590,000
- 15,637 Square Feet
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:23309)
- Listing ID: A2108993
- Property Type: Business
- Year Built: 1979
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property, located at 101 Grove Place in Drumheller Ontario, was last modified on February 22nd, 2024. Contact the Lush Realty to schedule a viewing or to find other properties for sale in Drumheller.