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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