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101 Grove Place, Drumheller
2025-05-06
Quick Summary
- Location
- 101 Grove Place, Drumheller, Alberta T0J0Y0
- Price
- $3,590,000
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 15637 sqft
- Year of Construction:
- 1979
MLS®#A2217986
Property Description
This 2 stories 49 rooms limited services franchise hotel occupies a location with access and exposure to Highway #9. The subject benefits from the synergies created along this highway commercial node. Drumheller’s economy is based on agriculture and tourism with the oil and gas industry. Located on the CN main line linking Calgary and Saskatoon, it is a service center for the surrounding agricultural area engaged in grain production, specialty crop that, hay production, and ranching. There are several tourist attraction places such as the Drumheller Valley, the Tyrell Museum of Palaeontology which is the largest museum archaeological display in the world, has always held a degree of appeal for tourists. It is estimated that the number of visitors to the area has tripled to approximately 500,000 per annum. Revenue) 2024: $1.079,406, 2023:$1,061,049, NOI) 2024 : $355,298, 2023: $376,772 (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 15637 sqft
Land
- Land Size: 1.09 ac|1 - 1.99 acres
Ownership
- Type: Freehold
Zoning
- Description: HWY-C – Highway Commercial
Information entered by MaxWell Canyon Creek
Listing information last updated on: 2025-05-06 17:59:36
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
Yes, and yes.
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