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Hotel
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392 Centre Street
Downtown Drumheller Drumheller T0J 0Y0

$2,799,000
Commercial

Main Photo: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
Photo 1: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
Photo 2: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
Photo 3: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
Photo 4: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
Photo 5: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
Photo 6: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2295532
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!
Property Type:
Commercial
Property Sub Type:
Hotel/Motel
Transaction Type:
For Sale
Possession:
Possession Date:
Total Building Area:
19,355 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
23,523 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1984 (Age: 42)
Bathrooms:
- (Full:-, Half:-)
Plan:
3099AD
Structure Type:
Hotel/Motel
Ensuite:
No
Garage:
No
Downtown Drumheller
SEE REMARKS
None Known
Num. of Parcels:
0
Region:
Drumheller
Zoning:
DT
Listed Date:
Mar 22, 2026
Days on Mkt:
  • Photo 1: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
    Photo 1 of 6
  • Photo 2: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
    Photo 2 of 6
  • Photo 3: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
    Photo 3 of 6
  • Photo 4: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
    Photo 4 of 6
  • Photo 5: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
    Photo 5 of 6
  • Photo 6: 392 Centre Street in Drumheller: Downtown Drumheller Hotel/Motel for sale : MLS®# A2295532
    Photo 6 of 6
Larger map options:
Listed by RE/MAX House of Real Estate
Data was last updated May 13, 2026 at 10:05 PM (UTC)
Rob Campbell
Spectacular living in this one-of-a-kind expansive, custom designed penthouse condo, perched overlooking Mahogany Lake with breathtaking panoramic views as far as Downtown Calgary. There are only 2 suites on the top floor of this building in the sought-after Westman Village - Reflections. The luxury entry preludes the open concept floor plan, a spacious living room sits adjacent to kitchen with the dining room beyond. A wall of glass trims the living room and dining room, allowing for loads of natural light and patio doors flow out onto the huge north-facing deck ideal for entertaining or relaxing. The gourmet kitchen showcases Wolf and Sub-zero appliances, a massive island with eating bar, sleek upgraded two-tone cabinetry and quartz countertops. The Master Suite overlooks the lake and offers private access onto the deck along with a 5 piece ensuite with dual sinks, large soaker tub, separate shower and walk-in closet. The Den has access to a second sun-bathed south-facing deck and has shared access with the second bedroom, includes a walk-in closet and its own three-piece ensuite.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.