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40 Railway Avenue W, Drumheller

DHDT, Drumheller

$420,000

About this property

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.

Essential information

MLS® number
A2350790
Status
Active
Price
$420,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
2,870 sq ft
Year built
1980
Structure
Retail
Listing brokerage
RE/MAX Real Estate (Mountain View)
Source
Pillar 9™ MLS® System

Interior

Included
Sellers will provide equipment list

Exterior and construction

Zoning
DT

Commercial

Business type
Liquor Store

Community

Subdivision
DHDT
City
Drumheller
Province
AB
Postal code
T0J 0Y6

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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