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MLS® A2295532 · Active

392 Centre Street

Drumheller, Alberta

$2,799,000

Source-listed price. Confirm sale or lease terms and availability.

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Property photographs

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Property details

MLS®
A2295532
Status
Active
Property type
Business
City
Drumheller
Year built
1984
Living area
19355 square feet
Listing brokerage
RE/MAX House of Real Estate

About this property

Rare opportunity to become an owner operator of your own established motel/hotel in the heart of Drumheller-the Dinosaur capital of Alberta! This is your chance to own an "Econolodge Inn and Suites", a name synonymous with reliability and value. There are 54 suites offering a variety of sleeping arrangements, and, onsite living quarters for the owner/manager! This is a low overhead business offering a bustling very busy summer season. Located downtown, there is ample parking on the property and the motel offers breakfast dining. For the ultimate in convenience, there is a Shoppers Drug Mart right across the street. Drumheller is famous for its Dinosaurs and is only 110km from Calgary. Also, it is home to the 2nd largest natural gas field in Alberta. Tourism plays the largest part in attracting visitors including the "worlds largest dinosaur", "Canadian Badlands Passion Play" at the amphitheatre, and of course, the "Royal Museum of Paleontology. The museum itself attracts half a million visitors every year! Add the spectacular Hoodos and you can see why Drumheller is a top Alberta destination! The hotel achieves an attractive cap rate and provides a relaxed, yet profitable lifestyle. If you're looking to run a profitable business while enjoying a small town feel, this might be the business you've been looking for! (id:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of RE/MAX House of Real Estate. Source attribution · REALTOR.ca

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