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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Susan Cramer

Susan Cramer

+1(403) 863-4866
$ 289,000
Est. payment | /mo
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$ 289,000
Est. payment | /mo
Save Virtual Tour

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Central Ponoka

MLS® Listing ID A2287686

Year Built 1932

Annual Tax Amount $2,202

Tax Year 2025

Property Sub-Type Mixed Use

Source Central Alberta

Property Description

Here is a beautifully restored historic property offering both commercial space and a residential suite in the vibrant heart of downtown. Currently operating as a successful restaurant/cafe specializing in lunches and special events. The restaurant has operational approval from Alberta Health Services, and also has a liquor license. It is Ideally located on a revitalized, high-traffic street, this distinctive building blends timeless character with extensive modern upgrades, creating exceptional flexibility for business, investment, or personal use. The main floor presents an inviting commercial space ready to bring your entrepreneurial vision to life by continuing with the restaurant or another business. There are four bathrooms in tota! Upstairs, you'll find a fully renovated studio-style suite designed with both comfort and functionality in mind. The upper level features two bathrooms, a warm and welcoming living area, and private access to a deck, patio, and raised garden beds which are perfect for relaxing or entertaining. With a simple window modification, the suite could easily be reconfigured into a one- or even two-bedroom residence, adding further versatility and value. Significant upgrades completed in 2023/2024 provide peace of mind and long-term confidence, including new sewer and water lines, updated plumbing and electrical, furnace and air conditioning, new flooring, framing and drywall, fire door and front door, eavestroughs, and more. The exterior has also been thoughtfully enhanced with new fencing, refreshed landscaping, additional garden space, and beautifully constructed decks. With its seamless blend of historic elegance and modern improvements, this property may also qualify for historic preservation grant opportunities an added benefit for investors and business owners alike. There is plenty of space on the 50' x 120' lot for parking at the back with the option of buidling a garage in the future. Whether you're looking to establish your business in a thriving downtown setting, generate rental income, or enjoy the convenience of living and working in one dynamic location; you won't want to miss this opportunity.

Location

Province AB

County Ponoka County

Zoning C1

Interior

Inclusions All blinds and window coverings, 2 fridges, stove, deep freezer, 2 microwaves, restaurant fixtures, 3 picnic tables, central air conditioning

Building

Structure Type Stucco

Others

Restrictions None Known

Tax ID 56561534

Ownership Private

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Listed by RE/MAX real estate central alberta
Susan Cramer

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 863-4866

susan-cramer@coldwellbanker.ca

7100 - 35468 Range Road 30, Red Deer County, AB, T4G 0M3, CAN

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5012 51 Avenue