5012 51 Avenue, Ponoka, AB T4J 1R5
5012 51 Avenue, Ponoka, AB T4J 1R5
5012 51 Avenue, Ponoka, AB T4J 1R5
5012 51 Avenue, Ponoka, AB T4J 1R5
5012 51 Avenue, Ponoka, AB T4J 1R5
5012 51 Avenue, Ponoka, AB T4J 1R5
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$ 289,000
Est. payment | /mo

1,939 SqFt


$ 289,000
Est. payment | /mo

1,939 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,939 sqft

Price per Sqft $149

Subdivision Central Ponoka

MLS Listing ID A2349023

Year Built 1932

Property Sub-Type Mixed Use

Property 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.

Location

Province AB

County 0255

Zoning C1

Interior

Inclusions All blinds and window coverings, 2 fridges, stove, deep freezer, 2 microwaves, central air conditioning unit

Fireplace No

Exterior

Garage No

Building

Dwelling Type Low Rise (2-4 stories)

Others

Restrictions None Known

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Listed by RE/MAX real estate central alberta

Nearby Locations

Skylar David

Skylar David

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5012 51 Avenue