601 7 Street E, Drumheller, Alberta T0J 0Y5 (28715357)
601 7 Street E Drumheller, Alberta T0J 0Y5
$575,000
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:50955)
Property Details
| MLS® Number | A2247539 |
| Property Type | Other |
| Community Name | Riverview Park |
| Features | See Remarks, Back Lane |
| Parking Space Total | 32 |
| Plan | 1734jk |
| Road Type | Paved Road |
| Total Buildings | 1 |
Building
| 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 | 9,000 Ft2 |
| 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 |
https://www.realtor.ca/real-estate/28715357/601-7-street-e-drumheller-riverview-park
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September 05 2025 01:51:36
Calgary Real Estate Board
Cir Realty
