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5012 51 Avenue

Ponoka, AB

1,940
Sq Ft
Commercial
Type

Built 1932 · Unknown

$25,000 above the Central Ponoka benchmark of $264,000

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About This Home

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:67953)

Property Details

MLS® Number
A2349023
Lot
Unknown
Year Built
1932
Days On Market
44

From Above

The Neighbourhood

Living In Central Ponoka

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Central Ponoka living close to shops, cafés and services.

Benchmark home price$264,000
Average days on market50 Days
Active homes for sale14
Year-over-year change+5.5%
For Families

Schools Near This Home

  • Ponoka Secondary Campus
  • St. Augustine School

These are the schools serving Ponoka. Catchments shift now and then, so it's worth a quick check with the school division for this exact address.

Listing Courtesy Of
RE/MAX real estate central alberta
Jane Wierzba
MLS® A2349023 · 44 Days On Market
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Listing information is provided by the listing brokerage and is deemed reliable but not guaranteed. Corridor Real Estate is not the listing brokerage. Listing data on this site is provided through CREA's DDF® by Cooper Jones, REALTOR®, Coldwell Banker OnTrack Realty, a member of The Canadian Real Estate Association, who is responsible for this website's listing content. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. REALTOR.ca Canada Inc. reproduces and distributes this information as a service for its members and neither CREA nor REALTOR.ca Canada Inc. assumes responsibility for its accuracy. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Terms Of Use

$289,000
Est. $1,266/mo
Central Alberta lakeside landscape

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