40 Railway Avenue W, Drumheller
INCREDIBLE OPPORTUNITY – BUSINESS, LAND, AND BUILDING INCLUDED! This well-established and profitable liquor store is located in the heart of Drumheller, offering a rare chance to own a fully operational, owner-operated business in a growing town with increasing population and strong tourist traffic thanks to the Royal Tyrrell Museum. With nearly 25 years of successful operation, the building offers ample room at the back for storage, a receiving dock, a full bath, and a bedroom with no window, previously used for onsite staff accommodation, providing versatility and convenience. There is also significant potential for retail expansion and growth through targeted promotions and marketing initiatives. The business has shown resilient performance, rebounding growth in the past year, reflecting its strong market position and continued profitability. Owning both the business and the building makes this a rare, long-term investment opportunity for an owner-operator. Do not approach the business, owner, or staff directly, and do not visit the property without a prior appointment. (id:1945)
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Property details for 40 Railway Avenue W, Drumheller
- Type
- Commercial
- Living Area
- 2,870 square feet
- Ownership
- Freehold
- Annual Taxes
- $4,695 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 40 Railway Avenue W
Active Listings
24
Min Price
$55,000
Max Price
$2,799,000
Avg Price
$703,520
Days on Market
146
days
Sold Listings
3
Min Sold Price
$149,900
Max Sold Price
$475,000
Avg Sold Price
$260,800
Days until Sold
166
days
Price History
Listed
October 7, 2026
by RE/MAX Real Estate (Mountain View)
Current Price
$410,000
+156.3% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $410,000 | +$250,000 (+156.3%) |
| Oct 7, 2026 | $160,000 | Listed |