Address
392 Centre Street, Drumheller, AB
Price
$ 2,799,000
Property Attributes
- ID#A2295532
- TypeCommercial
- Listing Status Active
- CityDrumheller
- NeighbourhoodDowntown Drumheller
- Postal CodeT0J 0Y0
- StyleHotel/Motel
- Year Built1984
- Price$ 2,799,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.540014 Acres
Data Source:
Pillar 9 Technologies
Property 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!
| Price History | |
|---|---|
| 3/23/2026 | Listed $2,799,000 |
General Features
| Zoning | DT |
|---|---|
| Restrictions | None Known |
| Year Built | 1984 |
| Property Subtype | Hotel/Motel |
| Transaction Type | For Sale |
| County | Drumheller |
| Property Type | Commercial |
| Subdivision Name | Downtown Drumheller |
| Status | Active |
| City | Drumheller |
| Structure Type | Hotel/Motel |
| Standard Status | Active |
| Business YN | Yes |
Interior Features
| Below Grade Finished Area Unit Type | SquareFeet |
|---|---|
| Building Area Total SF | 19355.00 |
| Building Area Total Metres | 1798.12 |
| Main Level Areas | SquareFeet |
Exterior Features
| Inclusions | SEE REMARKS |
|---|---|
| Building Area Total | 19355.00 |
| Lot Size Acres | 0.54 |
| Lot Size Square Feet | 23523 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in T0J 0Y0
Price
Year Built
Visits
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.