Commercial $ 0

333 2 ST E

Drumheller, AB T0J 0Y4

  • 7,228 SqFt
  • 7,405 Lot Size
  • 1940 Year Built
Situated in the heart of Drumheller's revitalized historic downtown,this charming multi-family building blends character with modern updates,making it a prime investment opportunity. Spanning 5,225 square feet (total),the property includes five self-contained legal suites,ranging from one to three bedrooms,with some offering ensuite bathrooms for added convenience. Extensive renovations include upgraded electrical systems,windows,appliances,air conditioning units (5),furnaces,and a new roof,ensuring peace of mind for both owner and tenants. Each unit is thoughtfully designed with off-street parking,in-suite laundry,and secure storage,enhancing tenant convenience. With Drumheller's growing demand for long-term rentals,driven by local industries like agriculture and tourism,this property presents a stable and attractive investment. The town's affordable real estate market,especially compared to larger cities,adds to its appeal for investors looking to expand or establish a profitable rental portfolio. Don't miss the opportunity to invest in this thriving community with high potential for strong returns.
Listed by Sotheby's International Realty Canada

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 7, 228 sqft

    Price per Sqft $124

    Subdivision Downtown Drumheller

    MLS Listing ID A2263230

    Year Built 1940

    Lot Size 7,405 Sqft

    Acres 0.17

    Property Sub-Type Multi Family

  • Location

    Province AB

    Zoning DT

    Direction E

  • Building

    Dwelling Type Other

  • Interior

    Heating Forced Air

    Cooling Central Air

    Inclusions Dishwasher (5), Washer (5), Dryer (5), Refrigerator (5), Stove (5), Air Conditioner (5)

    Fireplace No

  • Exterior

    Roof Type Asphalt Shingle

    Total Parking Spaces 5

    Garage No

  • Others

    Restrictions None Known

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