$2,500,000
FOR SALE

Commercial/Retail

650 South Railway Avenue #500
Drumheller, AB T0J 0Y6

We are pleased to present the opportunity for an investor to acquire a Commercial Retail Building located at 500, 650 South Railway Avenue in Drumheller, Alberta. Offered at an attractive 6.00% CAP rate. The offering consists of one freestanding building that is operating as a Mark’s Work Wearhouse. The tenant is operating on a long-term, carefree NNN lease providing a stable cash-flow investment. Commercial Retail Building located in a busy shopping area with other national businesses such as Canadian Tire, A&W, ATB, Boston Pizza, McDonalds, Edo Japan, and Quesada. Drumheller is nestled in the heart of Alberta’s Canadian Badlands, about 110km northeast of Calgary. It’s famously known as the Dinosaur Capital of the World - and it wears that title proudly, supporting a trade area of approximately 40,000 residents. The local economy features diverse industries including oilfield and agribusiness, enhanced by the surrounding hoodoos, canyons, and fossil-rich terrain that drive tourism and reinforce the area’s retail sector. PLEASE RESPECT TENANTS PRIVACY (id:47421)
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Listed By HEARTLAND REAL ESTATE
Data Provided By Alberta West REALTORS® Association
MLS® Listing Number A2234301
Last Updated Dec 18, 2025
Property Summary
Property Type Commercial/Retail

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Price History

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Detailed Information
Lease Type Triple Net
Listing Contract Date 2025-06-24
Municipal ID 0038118428
Plan 1812180
Property Type Retail
Transaction Type For sale
Zoning Description C4
Building
Constructed Date 2018
Size (Exterior) 8329 square feet
Total Finished Area 8329 sqft
Type Retail
Land
Total Size Unknown

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