$2,799,000
( $144.61Per Sq Foot )
 $15,026 est/mo Sourced by Back At You

392 Centre Street,Drumheller, AB T0J0Y0

Drumheller, AB T0J0Y0

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Description

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:374)

Details

MLS #A2295532
Listing TypeFor Sale
StatusActive
Year1984
Days On Site216
Listing Provided ByRE/MAX House of Real Estate | Richard W. Kim

Features

SQ Feet19,355
ZoningDT
Acreage0.54

Interior

Fireplace Yes / NoNo

Taxes

Tax Annual Amount45043
Tax Block18
Tax Lot27-32
Tax Year2025

Area Information

ProvinceAB
CityDrumheller
Postal CodeT0J0Y0
Community NameDowntown Drumheller
Listing VS Median (in Downtown Drumheller)
Price:
$2,799,000
low | high
Med:
$660,000
100% of Average
sqft:
19,355
low | high
Med:
11,880
88.620511495738% of Average
$ / sqft:
$145
low | high
Med:
$56
100% of Average
On site:
216
low | high
Med:
773
27.943078913325% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityDrumheller
Postal CodeT0J0Y0
Community NameDowntown Drumheller
Listing VS Median (in Downtown Drumheller)
Price:
$2,799,000
low | high
Med:
$660,000
100% of Average
sqft:
19,355
low | high
Med:
11,880
88.620511495738% of Average
$ / sqft:
$145
low | high
Med:
$56
100% of Average
On site:
216
low | high
Med:
773
27.943078913325% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:33:41 AM PDT