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67-71 Bridge St

1,636 SF Retail Building Drumheller, AB T0J 0Y0 $465,618 USD ($285 USD/SF) 5.50% Cap Rate

Restaurants Alberta Drumheller 67-71 Bridge St, Drumheller, AB T0J 0Y0

Investment Highlights

  • Exceptional commercial property
  • Strategically situated for optimal visibility and accessibility
  • A lucrative investment opportunity

Executive Summary

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 Calgary.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,636 SF
Year Built
1960
Price
$465,618 USD
Price Per SF
$285 USD
Cap Rate
5.50%
NOI
$25,609 USD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.27 AC
Zoning
CB - Central Business District
Parking
18 Spaces (11 Spaces per 1,000 SF Leased)
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Nearby Major Retailers

Boston Pizza
CIBC
RBC Royal Bank
Scotiabank
BMO
Starbucks
(825) 798-5192

Contact

  • Listing ID: 31577982

  • Date on Market: 4/22/2024

  • Last Updated:

  • Address: 67-71 Bridge St, Drumheller, AB T0J 0Y0

The Retail Property at 67-71 Bridge St, Drumheller, AB T0J 0Y0 is currently available for sale. Contact Grand Realty & Management Ltd. for more information.

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67-71 Bridge St
(825) 798-5192 x

67-71 Bridge St

Phil Yan

(825) 798-5192

(825) 798-5192

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