$439,900
( $255.76Per Sq Foot )
 $2,361 est/mo Sourced by Back At You

202 2 Street W,Drumheller, AB T0J0Y4

Drumheller, AB T0J0Y4

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Description

Rare Turnkey Restaurant Opportunity in Downtown Drumheller. Please do not disturb or approach the tenant directly. must make an appointment for showings or viewings.Rare opportunity for an owner-operator or investor to acquire a well-established restaurant property in the heart of downtown Drumheller. Located on the town's main street, this freestanding commercial building has successfully operated as a Vietnamese restaurant for more than 15 years, serving a loyal local clientele while benefiting from the steady flow of visitors attracted to Drumheller's reputation as the Dinosaur Capital of the World.The property features a fully equipped commercial kitchen, spacious dining area with seating for 50+ guests, and a fully finished basement level complete with a bar/banquet hall offering an additional 50+ seats. Multiple revenue opportunities exist through dine-in, takeout, catering, private events, and delivery services.Additional highlights include rear parking, potential for outdoor patio seating, and desirable C-1 Central Commercial zoning with restaurant use already established. The current tenant is willing to remain in place, providing immediate rental income for investors, or can vacate with 90 days' notice, offering flexibility for owner-occupiers.Whether you're looking to expand your restaurant portfolio, invest in a proven commercial asset, or launch your own hospitality venture, this turnkey property presents an exceptional opportunity in one of Alberta's most recognized tourism destinations.Property Features:Freestanding commercial building on Main StreetEstablished restaurant location with 15+ years of operating historyFully equipped commercial kitchenMain floor dining room with 50+ seating capacityFinished basement bar/banquet hall with 50+ additional seatsRear parking accessOutdoor seating optionC-1 Central Commercial zoningStrong tourism-driven customer trafficFlexible occupancy: tenant may stay or vacate with 90 days' noticeA rar e chance to own a proven restaurant property in a thriving tourism market. (id:13843)

Details

MLS #A2320468
Listing TypeFor Sale
StyleCommercial Mix
StatusActive
Year1978
Days On Site135
Listing Provided ByCentury 21 Bravo Realty | Manjit S. Jaswal

Features

SQ Feet1,720
ZoningDT
Acreage0.14

Interior

Fireplace Yes / NoNo

Taxes

Tax Annual Amount5476
Tax Block23
Tax Lot25&26
Tax Year2026

Area Information

ProvinceAB
CityDrumheller
Postal CodeT0J0Y4
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$439,900
low | high
Med:
$269,450
88.747442600591% of Average
sqft:
1,720
low | high
Med:
876
99.06976744186% of Average
$ / sqft:
$256
low | high
Med:
$311
28.369770671519% of Average
On site:
135
low | high
Med:
45
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityDrumheller
Postal CodeT0J0Y4
Community NameDowntown
Listing VS Median (in Downtown)
Price:
$439,900
low | high
Med:
$269,450
88.747442600591% of Average
sqft:
1,720
low | high
Med:
876
99.06976744186% of Average
$ / sqft:
$256
low | high
Med:
$311
28.369770671519% of Average
On site:
135
low | high
Med:
45
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $329K - $549K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
89 Poplar Street Property Photo 1
$368,000
89 Poplar Street
Drumheller, AB T0J0Y1
Listing Updated: September 29, 2026 at 4:12:24 AM PDT