Exceptional commercial property, located in the heart of Drumheller, offers a lucrative investment opportunity. A generous 11,880 sqft of commercial space, providing ample room for various business ventures. Independent parking lot with 18 designated spaces, ensuring convenience for both clients and employees. Currently generating an annual rental income of $36,000, a testament to its value as a sound investment .Property tax and equipment & facility maintenance are the responsibility of the tenant. Strategically situated for optimal visibility and accessibility, attracting foot traffic and potential customers Commercial Zoning providing flexibility for different business types. 1.5 hours drive to CalgaryMore details
We are pleased to present the opportunity for an investor to acquire a Commercial Retail Building located at 500, 650 South Railway Avenue in Drumheller, Alberta. Offered at an attractive 6.00% CAP rate. The offering consists of one freestanding building that is operating as a Mark’s Work Wearhouse. The tenant is operating on a long-term, carefree NNN lease providing a stable cash-flow investment. Commercial Retail Building located in a busy shopping area with other national businesses such as Canadian Tire, A&W, ATB, Boston Pizza, McDonalds, Edo Japan, and Quesada. Drumheller is nestled in the heart of Alberta’s Canadian Badlands, about 110km northeast of Calgary. It’s famously known as the Dinosaur Capital of the World - and it wears that title proudly, supporting a trade area of approximately 40,000 residents. The local economy features diverse industries including oilfield and agribusiness, enhanced by the surrounding hoodoos, canyons, and fossil-rich terrain that drive tourism and reinforce the area’s retail sector. PLEASE RESPECT TENANTS PRIVACYMore details
Downtown Drumheller commercial building for lease offering three bays for rent. One is currently leased. DT zoning ideal for a variety of business needs. Building has been Recently updated with a new roof, new front door & windows and each bay has a new rooftop HVAC unit (heating, ventilation and air conditioning), the building ensures energy efficiency and a comfortable environment for tenants. There are common washrooms in the building for tenants to use. The remaining Spaces available are 1150 Sq ft and 1948 sq ft. The basic rent is $11 / sq ft (escalating on long term lease) + power and the additional NNN rent is $7 / sq ft (common power, common gas, water, Taxes, insurance & common area costs). The two bays can be combined to make 3,098 sq ft. 3rd Ave is a Prime location for high visibility and accessibility, suited for retail, office, salon, restaurant or other commercial uses. See Drumheller land use bylaws for full list of permitted uses. Building will be fully renovated and ready for occupancy in approx March 2026 (or sooner if required). Base building includes drywall and paint, LED lighting, polished concrete floor, sprinkler heads, and more.More details
Concession Stall only | 300 sq ft | $750 a month escalating including utilities, internet access and access to washrooms. The tenant is responsible for their own telephone service and other expenses. Tenant will be permitted to operate from 7:00am - 11:00pm (hours may change seasonally) which may be outside of the standard facility operating hours. Operating hours and any changes of, must be provided to the Town in writing. Tenant Is responsible to ensure the facility is locked/secured outside of normal facility hours. 3-5 year lease. (Old photo is pictured out of courtesy for the current Tenant.)More details
This is a very rare opportunity to own a one of Drumheller's unique tourist destinations! This Free standing retail store is approx 10,000+/- sq ft on a 1.5 acre lot and previously housed a very profitable gift store business that sold souvenirs to tourists visiting from all over the world! The remaining business assets are available to purchase separately from a separate seller. Located in Drumheller, a short 1.5 hour drive East of Calgary, on the Dinosaur Trail on the way to the world famous Tyrrell Museum.More details
Investment property for Sale. Pawn Store Tenant pays Rent $2200 per month NNN This means that they pay the power Direct Billed + gas Direct Billed + water Direct Billed + Taxes $5246 / 12 =$437.17 per month +insurance. Est. $2000 / 12 =$166.67 +snow removal, garbage and landscaping. $26,400 of net income = 7.7% cap rate NNN. 13+ parking stalls in the front & 5 in the rear. LOT SIZE 15339.0 SQ FT. Zoning ND (Neighbourhood District).More details
Industrial Warehouse on Drumheller's prime land backing onto the famous hoodoos and Red Deer River. Building is 40 x 70 ft = 2800 sq ft. Lot Size: 8.790 Acres, Zoned Countryside District (CSD) allowing low density residential development and commercial uses in rural areas (See Drumheller Land Use Bylaws 3.8 for more information).More details
This is a business sale. This well-established, profitable restaurant provides lots of opportunity being in main street of Drumheller. It includes everything you need to get started, main floor of 1,636 sqft. It is equipped with a full commercial kitchen, ample seating. All kitchen and restaurant equipment are included. This is a high traffic location with high visibility from major highway that is currently turning a good profit. Possible to change the food concept.More details
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!More details
Retail unit for lease $1000 a month plus $200 for gas and water. Each unit has its own electricity meter. Size 750+ sq ft (approx 40x20). Located on the main retail street in downtown Drumheller.More details
This retail opportunity at 400A - 650 South Railway Avenue E offers excellent exposure in Drumheller’s busy Bankview commercial area. The approximately 2,300 sq ft space is available immediately and is well-suited for retail, service, or professional tenants seeking strong visibility and customer traffic. Located along Highway 9 / South Railway Avenue E, the site benefits from high traffic volumes of approximately 9,000 vehicles per day, pylon signage opportunities, and prominent frontage. The plaza is anchored by popular national tenants including Quesada, Edo Japan, and A&W, which help drive consistent customer flow. The unit features a functional layout with ample windows, multiple office areas, and generous on-site parking. Lease rate: $21.50 psf + $9.15 psf operating expenses.More details
Rare Turnkey Restaurant Opportunity in Downtown Drumheller. Please do not disturb or approach the tenant directly. must make an appointment for showings or viewings.
Rare opportunity for an owner-operator or investor to acquire a well-established restaurant property in the heart of downtown Drumheller. Located on the town’s main street, this freestanding commercial building has successfully operated as a Vietnamese restaurant for more than 15 years, serving a loyal local clientele while benefiting from the steady flow of visitors attracted to Drumheller’s reputation as the Dinosaur Capital of the World.
The property features a fully equipped commercial kitchen, spacious dining area with seating for 50+ guests, and a fully finished basement level complete with a bar/banquet hall offering an additional 50+ seats. Multiple revenue opportunities exist through dine-in, takeout, catering, private events, and delivery services.
Additional highlights include rear parking, potential for outdoor patio seating, and desirable C-1 Central Commercial zoning with restaurant use already established. The current tenant is willing to remain in place, providing immediate rental income for investors, or can vacate with 90 days’ notice, offering flexibility for owner-occupiers.
Whether you’re looking to expand your restaurant portfolio, invest in a proven commercial asset, or launch your own hospitality venture, this turnkey property presents an exceptional opportunity in one of Alberta’s most recognized tourism destinations.
Property Features:
Freestanding commercial building on Main Street
Established restaurant location with 15+ years of operating history
Fully equipped commercial kitchen
Main floor dining room with 50+ seating capacity
Finished basement bar/banquet hall with 50+ additional seats
Rear parking access
Outdoor seating option
C-1 Central Commercial zoning
Strong tourism-driven customer traffic
Flexible occupancy: tenant may stay or vacate with 90 days’ notice
A rare chance to own a proven restaurant property in a thriving tourism market.More details
Data was last updated November 12, 2026 at 06:05 AM (UTC)
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