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$ 327,500
Est. payment /mo
Active
5012 51 Avenue Ponoka, AB T4J 1R5
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Central Ponoka
MLS® Listing ID A2194893
Originating Board Central Alberta
Year Built 1932
Annual Tax Amount $1,888
Tax Year 2024
Property Sub-Type Mixed Use
Property Description
Historic Charm Meets Modern Opportunity – Prime Downtown Property!
Seize this rare chance to own a beautifully updated historic building in the heart of downtown, ideally positioned on a revitalized, high-traffic street. This property is a turn-key opportunity offering both commercial and residential potential. The property includes a commercial space on the main level and a stylish, fully renovated studio suite above. The upper-level suite features two bathrooms, a cozy living space, and private access to a deck, raised gardens, and a patio—perfect for relaxation or entertaining. A window adjustment could easily convert the suite into a one- or two-bedroom layout, maximizing its functionality. Extensive upgrades in 2023/2024 have modernized the property, including new sewer and water lines, updated plumbing and electrical, a new furnace and air conditioning, fresh flooring, framing, drywall, a fire door, a new front door, and eavestroughs. The backyard has been thoughtfully landscaped with new fencing, decks, and additional garden space. Combining historic character with contemporary updates, this unique property may also qualify for historic preservation grants. Whether you're an entrepreneur looking to run a thriving business, an investor seeking rental income, or someone who wants the convenience of on-site living, this versatile and high-visibility property is ready for its next owner.
Seize this rare chance to own a beautifully updated historic building in the heart of downtown, ideally positioned on a revitalized, high-traffic street. This property is a turn-key opportunity offering both commercial and residential potential. The property includes a commercial space on the main level and a stylish, fully renovated studio suite above. The upper-level suite features two bathrooms, a cozy living space, and private access to a deck, raised gardens, and a patio—perfect for relaxation or entertaining. A window adjustment could easily convert the suite into a one- or two-bedroom layout, maximizing its functionality. Extensive upgrades in 2023/2024 have modernized the property, including new sewer and water lines, updated plumbing and electrical, a new furnace and air conditioning, fresh flooring, framing, drywall, a fire door, a new front door, and eavestroughs. The backyard has been thoughtfully landscaped with new fencing, decks, and additional garden space. Combining historic character with contemporary updates, this unique property may also qualify for historic preservation grants. Whether you're an entrepreneur looking to run a thriving business, an investor seeking rental income, or someone who wants the convenience of on-site living, this versatile and high-visibility property is ready for its next owner.
Location
State AB
County Ponoka County
Zoning C1
Interior
Inclusions 2 fridges, stove, 2 microwaves, all blinds and window coverings, all restaurant equipment, furnishings (at sellers discretion)
Others
Restrictions None Known
Tax ID 56561534
Ownership Private
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Listed by RE/MAX real estate central alberta
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