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MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

601 7 Street, Drumheller

Mixed Use for Sale

601 7 Street, Drumheller, MLS® # A2247539
  • MLS®#: A2247539
  • Price: $575,000
  • Parking: 32
  • Status: Active
  • Year Built: 1962
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

Fantastic opportunity to acquire a rare commercial property with roughly 9,000 square feet of space over three floors in a one-of-a-kind Drumheller location. Occupying a corner lot in one of the town’s most popular riverside residential areas, the property is two blocks from primary traffic routes, a short distance from the downtown district, and immediately across the street from Drumheller’s two senior’s lodges. The location creates unparalleled direct access to the residential community and adjacent seniors population - ideal for medical or service related businesses. This is evidenced by the current long-term main floor tenant, an Alberta Government family and community services centre. The tenanted area of the building has been renovated, however the seller delayed renovating the other floors to explore the opportunities that the large 18,600 sq.ft (0.43 acre) lot provides for building expansion or possible conversion to residential use. In addition to the commercial and expansion possibilities, Drumheller’s acute residential shortage makes this location also ideal for rental apartments or condominium conversion - providing a myriad of options for a savvy investor. Preliminary discussions with the town planning office has shown that there is ample underground capacity for both expansion or conversion, and the town expressed support for discussing both expansion and conversion options. The building itself has been well maintained, and the walk-up with lift access without elevators helps keep general operational costs down while increasing the net revenue. With windows replaced 10 years ago, efficient forced air heating systems, upgraded electrical, ample parking, and a host of current and future usage options, this is a remarkable investment you don’t want to miss!

Contact Elke Babiuk About MLS® A2247539

Required Field

Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Mixed Use
  • MLS®#: A2247539
  • Year Built: 1962
  • Lot Shape: Back Lane,Corner Lot,Low Maintenance Landscape,See Remarks
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Community Information

  • Address: 601 7 Street
  • Neighbourhood: Riverview Park
  • City: Drumheller
  • Postal Code: T0J0Y5
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interior

  • Included: Exterior storage shed, power chair lift system
  • Fireplace Details: For Sale
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exterior

  • Exterior Features: Back Lane, Corner Lot, Low Maintenance Landscape, See Remarks
  • Exterior Finish: Brick, Concrete, Mixed, Wood Frame
  • Construction: Brick,Concrete,Mixed,Wood Frame
  • Roof: Flat Torch Membrane
  • Frontage: 38.10M 125`0" metres
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services & amenities

  • Parking: (32 Total Parking Spaces)
  • Heating: Forced Air,Natural Gas
  • Heating: Forced Air, Natural Gas
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$575,000

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Listing Courtesy of
CIR Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

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