$575,000
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601 7 Street E, Drumheller, AB T0J0Y5

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- Beds
0 Baths
9,200 Sq Ft

This is a fantastic opportunity to acquire a rare, well maintained commercial property with over 9, 000 square feet of space over three floors in a one-of-a-kind Drumheller location. What makes it rare? Occupying a corner lot in one of the towns most popular riverside residential areas, the property is two blocks from primary traffic routes, a short distance from the downtown district, and immediately across the street from Drumhellers two large seniors lodges. Most commercial locations in Drumheller are highway or downtown retail, limiting both their desirability and their accessibility, making this opportunity very uncommon.This location creates unparalleled direct access to the surrounding residential community and the adjacent seniors population - ideal for medical, daycare or service related businesses. This community appeal is evidenced by the long-term main floor tenant, an Alberta Government family and community services centre.The tenanted floor of the building has been fully renovated, however the seller has delayed renovating the other two floors to allow buyers to explore the other usage opportunities that the large 18, 600 sq.ft (0.43 acre) lot provides. There's a TON of opportunity: - owner-specific renovations - tenant-specific renovation-to-suit requirements - conversion to up to 17 residential apartments / condos - residential conversion plus building expansion for a total of 29 units. So many options!Drumhellers acute residential shortage makes this location also ideal for rental apartments or condominium conversion - providing a myriad of options for a savvy investor beyond the existing commercial and expansion possibilities.Preliminary discussions with the town planning department has shown strong support for residential conversion options. Ample municipal services are immediately adjacent to the property to accommodate any expanded requirements for residential use or for building expansion. Access is simple with entrances and wide staircases at either end of the building plus a chair-lift at the main entrance allowing those with mobility limitations access between floors. The roof is relatively new, and the building structure is solid, using dimensional lumber interior framing. Maintenance check and necessary inspections are regularly completed. High ceilings allow for easy servicing and cable/plumbing runs - if or as desired. This is a low-maintenance, extremely affordable, and easy to manage asset with huge potential. With windows replaced roughly 10 years ago, efficient forced air heating systems and cooling systems, upgraded 400amp electrical, ample parking, key community location, and enviable flexibility for a wide range of current and future usage options - this is a remarkable investment you dont want to miss! (id:58753)

  • MLS® A2335823
  • Date Listed08/08/2026
  • Days on Realty 53 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 18,857 sq. ft
  • Subdivision Riverview Park
  • Year Built 1962
  • Square Feet 9,200 sq. ft
  • Price Per Sq. Ft $62.5

Interior Features

  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 18,857.00
  • Lot Features See remarks, Back lane

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T0J0Y5

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

Walkability in AB / T0J0Y5

Source: Walk Score

66/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

52/100

Bikable

Bike Score ®

Overview

Some 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: 29/100.

Points of Interest near 601 7 Street E, Drumheller, AB T0J0Y5

Frequently Asked Questions for 601 7 Street E

Source: Realty.com

601 7 Street E, Drumheller, AB T0J0Y5 in Riverview Park, Drumheller, AB T0J0Y5 is a office listed at $575,000. Highlights include 9,200 sq. ft., built in 1962, $63 per sq. ft.. Realty.ca has 31 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 31 photos of 601 7 Street E.

Our records indicate that 601 7 Street E was built in 1962.

The full address for this home is 601 7 Street E, Drumheller, AB T0J0Y5.

601 7 Street E has been listed on Realty.com since Sat August 08, 2026

Some 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: 29/100.

This content last refreshed on 2026-09-30 17:49:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.