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    Description

    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 is a walk-up with chair-lift access between floors which helps keep general operational costs down vs. an elevator. With windows replaced 10 years ago, efficient forced air heating systems, upgraded electrical with 400amp service, ample parking, and a host of current and future usage options, this is a remarkable investment you don’t want to miss! (id:58070)

    Property Features

    • MLS® Number A2247539
    • Price $575,000
    • Square Footage: 9000 sqft
    • Property Type: Commercial Mix
    • Community Name: Riverview Park
    • Features See Remarks, Back Lane
    • Parking Space Total 32
    • Plan 1734jk
    • Road Type Paved Road
    • Total Buildings 1

    Buildings

    Constructed Date 1962 Construction Material Poured Concrete, Wood Frame
    Cooling Type Central Air Conditioning Exterior Finish Brick, Concrete
    Fire Protection Alarm System Foundation Type Poured Concrete
    Heating Fuel Natural Gas Heating Type Forced Air
    Size Exterior 9000 Sqft Size Interior 9000 Sqft
    Total Finished Area 9000 Sqft Type Commercial Mix

    Land

    Acreage No Size Frontage 38.1 M
    Size Irregular 18857.00 Size Total 18857 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
    Size Total Text 18857 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) Zoning Description Nd
    Address
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