Main Photo: 500 650 South Railway Avenue: Drumheller Retail for sale : MLS®# A2234301
Photo 1: 500 650 South Railway Avenue: Drumheller Retail for sale : MLS®# A2234301
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2234301
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 PRIVACY
Property Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Sale
Possession:
Negotiable
Total Building Area:
8,329 sq. ft.
Taxes:
$25,782.29 / 2025
Year built:
2018 (Age: 7)
Bathrooms:
- (Full:-, Half:-)
Plan:
1812180
Structure Type:
Retail
Ensuite:
No
Garage:
No
NONE
Commercial Building Systems
None Known
Num. of Parcels:
0
Region:
Drumheller
Zoning:
C4
Listed Date:
Jun 24, 2025
Days on Mkt:
134
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Listed by HEARTLAND REAL ESTATE
Data was last updated November 5, 2025 at 08:05 AM (UTC)
ALLISON BAIRD
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