Drumheller, AB T0J0Y0 101 Grove Place

101 Grove Place Drumheller, AB - Image 1101 Grove Place Drumheller, AB - Image 2101 Grove Place Drumheller, AB - Image 3
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Presented By: MaxWell Canyon Creek
  • MLS# A2217986
  • 05/06/2025
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  • SQFT • 15,637

Home Details

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) 2024: $1.079,406, 2023:$1,061,049, NOI) 2024 : $355,298, 2023: $376,772 (id:7434)
Presented By: MaxWell Canyon Creek

Interior Features for 101 Grove Place

Other Interior Features

Building Fireplace PresentFalse

General for 101 Grove Place

Business Sub TypeHotel/motel
Business TypeAccommodation
CommunityNameDowntown Drumheller
Ownership TypeFreehold
Property TypeBusiness
Zoning DescriptionHWY-C – Highway Commercial

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $3,590,000
MLS#A2217986
List Date 05/06/2025
Property Type Business Op
Phone 403.608.2191
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