202 2 Street W, Drumheller
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:1945)
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Property details for 202 2 Street W, Drumheller
- Type
- Commercial
- Living Area
- 1,720 square feet
- Lot Size
- 6000.00
- Annual Taxes
- $5,476 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 202 2 Street W
Active Listings
20
Min Price
$55,000
Max Price
$2,799,000
Avg Price
$595,175
Days on Market
178
days
Sold Listings
3
Min Sold Price
$349,900
Max Sold Price
$3,599,000
Avg Sold Price
$2,199,633
Days until Sold
106
days
Neighbourhood Census Data
Drumheller, Alberta
Population
402
Median Age
48.8
Median Income
$31,680
Dwelling Value
$174,729
Housing Tenure
Owners 49%
Renters 51%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.7
Pop. Density: 1,301.0/km²
Avg Shelter Cost: $924/mo
Owners with Mortgage: 47.8%
Owners Spending 30%+: 13%
Tenants Spending 30%+: 69.6%
English only: 93.8%
English and French: 4.9%
Neither: 1.2%
Median Household Income: $46,336
Median Employment Income: $29,440
Price History
Listed
June 13, 2026
by Century 21 Bravo Realty
Current Price
$439,900
Type
Commercial
For Sale
