$2,799,000
FOR SALE

Business for Sale

392 Centre Street
Drumheller, AB T0J 0Y0

Rare opportunity to become an owner operator of your own established motel/hotel in the heart of Drumheller-the Dinosaur capital of Alberta! This is your chance to own an "Econolodge Inn and Suites", a name synonymous with reliability and value. There are 54 suites offering a variety of sleeping arrangements, and, onsite living quarters for the owner/manager! This is a low overhead business offering a bustling very busy summer season. Located downtown, there is ample parking on the property and the motel offers breakfast dining. For the ultimate in convenience, there is a Shoppers Drug Mart right across the street. Drumheller is famous for its Dinosaurs and is only 110km from Calgary. Also, it is home to the 2nd largest natural gas field in Alberta. Tourism plays the largest part in attracting visitors including the "worlds largest dinosaur", "Canadian Badlands Passion Play" at the amphitheatre, and of course, the "Royal Museum of Paleontology. The museum itself attracts half a million visitors every year! Add the spectacular Hoodos and you can see why Drumheller is a top Alberta destination! The hotel achieves an attractive cap rate and provides a relaxed, yet profitable lifestyle. If you're looking to run a profitable business while enjoying a small town feel, this might be the business you've been looking for! (id:47421)
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Listed By RE/MAX House of Real Estate
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2295532
Last Updated Mar 23, 2026
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Community Downtown Drumheller
Price History

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Detailed Information
Listing Contract Date 2026-03-22
Municipal ID 0017414129
Plan 3099AD
Property Type Business
Transaction Type For sale
Zoning Description DT
Building
Constructed Date 1984
Size (Exterior) 19355 square feet
Total Finished Area 19355 sqft
Land
Total Size 23523 square feet
Size of Irregular Land 23523.00

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