$290,000
$300,000
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SOLD DATE : 12/20/2022
Key Details
Sold Price $290,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown Drumheller
MLS® Listing ID A1235064
Sold Date 12/20/22
Originating Board Calgary
Annual Tax Amount $3,231
Tax Year 2022
Property Description
Excellent revenue generating buildng in downtown Drumheller, with three Residential 1 bedroom self contained rental units on the second floor, and a Commercial retail unit on the main level. Main level is approx 1800+/- sq ft plus approx 1400+/- sq ft in the upper level making up a total of 3200+/- for the building. This building is zoned DT. Perfect for those who are looking for an investment property. Market rent for upstairs units: $850 including utilities. Main floor unit pays Average of $750 per month, (market rent is $1100 + util) Each unit has their own furnace. Located downtown Drumheller at 332 Center Street Drumheller, AB T0J0Y0 Additional Information: Lot Size: 68.5' x 28 = 1,918 sq. ft. Legal Address: Plan 4880FQ (Block 18) Lot D Title Number: 041 421 524 LINC: 0016064891 Heating: Each residential unit serviced by its own forced air furnace. Each unit has a power meter but Landlord pays them all. One Gas Meter, Air Conditioning in each unit. Vacancy: very little vacancy over the last 3 years. Snow Removal: Main Floor Tenant is responsible. Roof: Top Coopers re-roofed in approx 2000. Encumbrances: 359FS Party Wall Agreement; 031 321 162 Restrictive Covenant.
Location
Province AB
County Drumheller
Zoning DT
Others
Restrictions None Known
Tax ID 56235896
Ownership Private
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