$2,799,000
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392 Centre Street, Drumheller, AB T0J0Y0

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Rare opportunity to become an owner operator of your own established motel/hotel in the heart of Drumheller-the Dinosaur capital of Alberta! This is your chance to own an "Econolodge Inn and Suites", a name synonymous with reliability and value. There are 54 suites offering a variety of sleeping arrangements, and, onsite living quarters for the owner/manager! This is a low overhead business offering a bustling very busy summer season. Located downtown, there is ample parking on the property and the motel offers breakfast dining. For the ultimate in convenience, there is a Shoppers Drug Mart right across the street. Drumheller is famous for its Dinosaurs and is only 110km from Calgary. Also, it is home to the 2nd largest natural gas field in Alberta. Tourism plays the largest part in attracting visitors including the "worlds largest dinosaur", "Canadian Badlands Passion Play" at the amphitheatre, and of course, the "Royal Museum of Paleontology. The museum itself attracts half a million visitors every year! Add the spectacular Hoodos and you can see why Drumheller is a top Alberta destination! The hotel achieves an attractive cap rate and provides a relaxed, yet profitable lifestyle. If you're looking to run a profitable business while enjoying a small town feel, this might be the business you've been looking for!

Listing By: Richard Kim - RE/MAX House of Real Estate cnpilar Realty.com
  • MLS® A2295532
  • Date Listed03/22/2026
  • Days on Realty 77 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.54 acres (23,523 sq. ft)
  • Subdivision Downtown Drumheller
  • County Drumheller
  • Year Built 1984

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.54
  • Lot Size SQFT 23,523.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T0J0Y0

Discover key demographics, population statistics, and environmental insights for the Drumheller, AB area.

Walkability in AB / T0J0Y0

Source: Walk Score

74/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

51/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 0/100, Bike Score: 30/100.

Points of Interest near 392 Centre Street, Drumheller, AB T0J0Y0

Frequently Asked Questions for 392 Centre Street

Source: Realty.com

392 Centre Street, Drumheller, AB T0J0Y0 in Downtown Drumheller, Drumheller, AB T0J0Y0 is a hotel-motel listed at $2,799,000. Highlights include built in 1984, 0.54 acre lot. Realty.ca has 6 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 6 photos of 392 Centre Street.

Our records indicate that 392 Centre Street was built in 1984.

The full address for this home is 392 Centre Street, Drumheller, AB T0J0Y0.

392 Centre Street has been listed on Realty.com since Sun March 22, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 25/100, Transit Score: 0/100, Bike Score: 30/100.

Listing provided courtesy of: RE/MAX House of Real Estate (tel: 403-287-3880)
Listing agent: Richard Kim (tel: 403-616-0734)

This content last refreshed on 2026-06-07 15:15:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.