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Bob Wilson (403) 782-4301

Committed, Trusted, Preferred - Your Central Alberta REALTOR®



 
Data Last Updated October 12, 2026, 12:26 am

 
Courtesy of RE/MAX real estate central alberta
Central Ponoka
No Floor Plan Available
$289,000
MLS® #:  A2349023
Address:  5012 51 Avenue
Days On Website:  ACCESS Days on Website

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Descriptions:

Charming mixed use commercial building with a residential suite above. It sits in the heart of downtown on a bustling, revitalized street. A growing business will benefit from the high-traffic location and extensive upgrades throughout, including new sewer and water lines (2023) after the Town’s street improvements. The sale includes the building with commercial space on the lower level and an upper residential suite. There is a kitchen on each level, and 4 bathrooms! So many opportunities for differnet business options. The main floor (959.63 sq. ft.) is currently set up as a licensed restaurant specializing in soup, sandwich, and pie; and is not equipped with a deep fryer. it was previously a bookstore. It includes two bathrooms and a kitchen. The upstairs (980.25 sq. ft.) is currently residential and was a successful hair salon for 30 years. It also has two bathrooms and a kitchen. The stylishly renovated studio / 2-bathroom suite above is ideal for living on-site or generating additional rental income. The suite opens to a cozy living area with a deck, raised gardens, and a patio. With an adjustment to window placement, it could function as a 1- or 2-bedroom. The basement measures 739.48 sq. ft. The property is unique, with a 50 × 120ft. lot offers plenty of space at the back for patio living, several parking spots, or even building a garage. Substantial upgrades in 2023/2024 include new modern plumbing, electrical, furnace, central air conditioning, flooring, framing, drywall, a fire door, front door, and eavestroughs. The back of the property has been thoughtfully landscaped with fencing, fresh decks, and garden space. You will love the historical appeal and the potential to access government grants related to provincial opportunities for historic buildings. Located in one of the best locations, this turn-key venture is ready for a new owner to take over and thrive.

Status: Active
Includes: All blinds and window coverings, 2 fridges, stove, deep freezer, 2 microwaves, central air conditioning unit
Location & Listing Info:
Zoning: C1
Neighbourhood: Central Ponoka
Nearest Town: Ponoka
Property Info:
Property Type: Mixed Use
Year Built: 1932
Brokerage: RE/MAX real estate central alberta
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For viewing call (403) 782-4301
Contact Bob Wilson - 403-304-4601
5265 45 Street, Lacombe, Alberta, T4L 2A2
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Central Alberta REALTORS® Association.

Bob Wilson, RE/MAX Real Estate Central Alberta - Lacombe
5265 45 Street, Lacombe, Alberta T4L 2A2
Tel: (403) 782-4301 Cell: (403) 782-4301 Fax: (403) 782-2285
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