120 3 Avenue E, Drumheller, Alberta

$275,000

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0.14

Acres

About 120 3 Avenue E

GREAT INVESTMENT OPPORTUNITY FOR SALE: Two spaces on Drumheller’s busiest street. Basement is unfinished. NEW ROOF. Zoned DT for multiple uses. ADDRESS: 120 3rd Ave East - there are two lots . Income for each space :::::::::::::: 120 3rd Ave East :::::::::::::: Rent: Kim’s Hair $990 plus GST x 12 = $11,880+p,g,w :::::::::::::: Rent: Grocery $1050 x 12 = $12,600+p,g,w :::::::::::::: 1320 sq ft :::::::::::::: Less: Insurance Estimated = $1200 Less: Property Taxes Est. = $1700:::::::::::::: Net Income = $21,580 :::::::::::::: $21,580 ::::::::::::::::: = 7.8% return. Kim’s lease until August 2026 Grocery is 3 year lease. Excellent location in downtown Drumheller. Address: 120 3 AVENUE EAST Drumheller, AB :::::::::::::: Roll Number: 01045806 :::::::::::::: Property ID: 0020200458 :::::::::::::: PLAN 2089BN BLOCK 26 LOT 1&2 :::::::::::::: LOT SIZE 120 x 52 FT Parcel Size 6240.000 SQ FT.

Features of 120 3 Avenue E

MLS® # A2035409
Price $275,000
Bathrooms 0.00
Acres 0.14
Type Commercial
Sub-Type Retail
Status Active

Community Information

Address 120 3 Avenue E
Subdivision Downtown Drumheller
City Drumheller
County Drumheller
Province Alberta
Postal Code T0J 0Y4

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement No

Additional Information

Date Listed April 26th, 2023
Days on Market 579
Zoning DT
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCENTURY 21 POWERREALTY.CA

Listing Map