$289,000
( $148.97Per Sq Foot )
 $1,551 est/mo Sourced by Back At You

5012 51 Avenue,Ponoka, AB T4J1R5

Ponoka, AB T4J1R5

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Description

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. (id:13843)

Details

MLS #A2349023
Listing TypeFor Sale
StyleCommercial Mix
StatusActive
Year1932
Days On Site27
Listing Provided ByRE/MAX real estate central alberta | Jane Wierzba

Features

SQ Feet1,940
ZoningC1

Interior

Fireplace Yes / NoNo

Taxes

Tax Annual Amount2416.73
Tax Block4
Tax Lot23
Tax Year2026

Area Information

ProvinceAB
CityPonoka
Postal CodeT4J1R5
Community NameCentral Ponoka
Listing VS Median (in Central Ponoka)
Price:
$289,000
low | high
Med:
$259,900
60.069204152249% of Average
sqft:
1,940
low | high
Med:
771
100% of Average
$ / sqft:
$149
low | high
Med:
$337
76.285011601345% of Average
On site:
27
low | high
Med:
6
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceAB
CityPonoka
Postal CodeT4J1R5
Community NameCentral Ponoka
Listing VS Median (in Central Ponoka)
Price:
$289,000
low | high
Med:
$259,900
60.069204152249% of Average
sqft:
1,940
low | high
Med:
771
100% of Average
$ / sqft:
$149
low | high
Med:
$337
76.285011601345% of Average
On site:
27
low | high
Med:
6
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $216K - $361K
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
5026 51 Avenue Property Photo 1
$250,000
5026 51 Avenue
Ponoka, AB T4J1S4
Listing Updated: October 21, 2026 at 10:05:27 AM PDT