$575,000
FOR SALE

Commercial/Retail

Lot: 38.1 x 0 m

601 7 Street E
Drumheller, AB T0J 0Y5

Back on the market!! This is a fantastic opportunity to acquire a rare, well maintained commercial property with roughly 9,000 square feet of space over three floors in a one-of-a-kind Drumheller location. What makes it rare? 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 large senior’s lodges. Most commercial locations in Drumheller are highway or downtown retail, limiting both their desirability and their accessibility, making this opportunity very uncommon!This location creates unparalleled direct access to the surrounding residential community and the adjacent seniors population - ideal for medical, daycare or service related businesses. This community appeal is evidenced by the long-term main floor tenant, an Alberta Government family and community services centre.The tenanted floor of the building has been fully renovated, however the seller delayed renovating the other two floors to allow buyers to explore the other usage opportunities that the large 18,600 sq.ft (0.43 acre) lot provides - either for building expansion, renovations specific to future tenants, or for possible conversion of the building to residential apartments or condos. This is because 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 beyond the existing commercial and expansion possibilities.Preliminary discussions with the town planning department has shown that there is ample underground capacity for both expansion or conversion, and the planning department has expressed support for both options. Ample municipal services are immediately adjacent to the property to accommodate any expanded requirements for residential use or for building expansion.Access is simple with entrances and wide staircases at either end of the building plus a chair-lift at the main entrance allowing those with mobility limitations access between floors. The roof is relatively new, and the building structure is solid, using dimensional lumber interior framing. High ceilings also allow for easy servicing and cable/plumbing runs - if or as desired. These in combination make it a low-maintenance, extremely affordable, and easy to manage asset. With windows replaced roughly 10 years ago, efficient forced air heating systems and cooling systems, upgraded 400amp electrical, ample parking, key location, plus enviable flexibility for a wide range of current and future usage options - this is a remarkable investment you don’t want to miss! (id:47421)
Share
Listed By CIR Realty
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2247539
Last Updated May 08, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Community Riverview Park
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 38.1 x 0 m
Features See remarks, Back lane
Listing Contract Date 2025-08-10
Municipal ID 0036820421
# of Parking Spaces 32
Plan 1734JK
Property Type Other
Road Paved road
Transaction Type For sale
Total Buildings 1
Zoning Description ND
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 square feet
Total Finished Area 9000 sqft
Type Commercial Mix
Land
Total Size 18857 square feet
Size of Irregular Land 18857.00

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)