Active Listing

337 Centre Street

337 Centre Street, Drumheller

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$435,000Price
8,330Sq Ft

Prime Retail/Commercial Opportunity in the Heart of Drumheller Welcome to Centre Street — a rare opportunity to own a standout commercial retail building in downtown Drumheller With approximately 13,000 sq ft of space, this 3 level property offers significant frontage and visibility.

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Prime Retail/Commercial Opportunity in the Heart of Drumheller Welcome to Centre Street — a rare opportunity to own a standout commercial retail building in downtown Drumheller With approximately 13,000 sq ft of space, this 3 level property offers significant frontage and visibility. Ideal for retail, boutique showrooms, service-oriented businesses, or office-and-store combos, this property is set to capture both the local population and the steady tourist traffic visiting the dinosaur-valley. Key highlights include: • Excellent downtown location with strong walk-in potential and high frontage exposure • A flexible commercial zoning classification. • A three-storey structure, offering opportunity for multi-tenant configuration (retail on the main floor, offices or studios above) • Located within the downtown zone of Drumheller—benefiting from a revitalization focus and supportive commercial policies • Potential to cater to a wide array of business uses — from retail to fitness, wellness centre, coworking, or professional services Why this property excels: • It gives the new occupant or investor a chance to own on Centre Street in Drumheller — positioning their brand deliberately where foot traffic, visibility, and downtown vibrancy converge. • The flexibility inherent in downtown commercial zoning allows for adaptive use—ideal for someone wanting to bring something new & creative to market. • With appropriate build-out, the second and third floors offer potential for added value—be it premium office spaces, boutique accommodations, or event/creative studio use. Opportunity snapshot: For the savvy business owner or investor, 337 Centre St. is more than a space — it’s a statement location. Leverage the main floor as your showroom or retail presence, while unlocking additional revenue streams upstairs (lease to complementary users or integrate your own enterprise). With Drumheller’s tourism appeal and community presence, this site has the potential to thrive year-round. Zoning & Regulatory Note: The Town’s Planning & Development guidelines note that development permits are required when changing the type of business/occupancy. • The Land Use Bylaw emphasizes mixing uses and being flexible in the downtown zone — encouraging adaptive reuse and flexibility rather than rigid single-use zoning. • If you plan to change occupancy, add an upstairs user, change the floor layout, you’ll need a development permit for “changing use” according to the Town’s process.

Specifications

Property Details

Property TypeCommercial
Property SubtypeRetail
StructureRetail
Transaction TypeFor Sale
Living Area8,330 sq ft
Building Area8,330 sq ft
Year Built1969
Annual Taxes$7,042 (2025)
ZoningDTD
Possession90 Days / Neg
Occupant TypeOwner
InclusionsCashiers desks
Days on Market291
ListedOctober 25, 2025
NeighbourhoodDowntown
MLS NumberA2258498
The Location

Downtown

337 Centre Street, Drumheller, Alberta, T0J0Y0

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of Century 21 Masters.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $7,042. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Active. MLS A2258498. Listed October 25, 2025. Listed by Century 21 Masters.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). 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. Data last updated: August 30, 2026.