Drumheller, AB T0J0Y0 101 Grove Place
$3,590,000



5 more






Presented By: MaxWell Canyon Creek
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