For Sale · Retail

101 Bridge Street, Drumheller

101 Bridge Street, Drumheller, AB T0J3R0

$1.7M total

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Asset Class

Retail

Size

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Building class

A

Zoning

CNC — Neighbourhood Commercial

$ / SF

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Occupancy

98%

Lot Size

0.38 ac

About this property

Strategically located at 101 Bridge Street in Drumheller, Alberta (T0J 3R0). OASIS is a premier multi-service hub situated directly on the main route to the Royal Tyrrell Museum. This all-in-one facility—featuring a gas station, car wash, convenience store is perfectly positioned to serve the daily needs of local residents while capturing high traffic from the regions massive tourist influx. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.70M
Down payment30% · $510K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$8K

Projected NOI

$114K

Annual cash flow

$19K

Cash-on-cash

3.81%

DSCR

1.21

Going-in cap

6.69%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

80,604

Households

34,488

Median income

$90,500

Median age

42.8

Daytime population

132,847

5-yr growth

2.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 101 Bridge Street, Drumheller.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.