5012 51 Avenue, Ponoka, Alberta

$329,000

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1

Bed

4

Baths

1,791

Square feet

0.14

Acres

About 5012 51 Avenue

Welcome to this charming Historic building currently operating as a lovely lunch spot with residential suite above. It is located in the heart of downtown on a bustling, revitalized street. A growing business will benefits from the high traffic location and extensive upgrades throughout. These include new sewer and water lines (2023) after the Town's street improvements. The sale includes the building with commercial space on lower level and upper residential suite. Kitchen equipment and some furnishings are also included. The building features a stylishly renovated Studio, 2-bathroom suite above the restaurant, ideal for living on-site or generating additional rental income. The suite opens up to a cozy living area with a deck, raised gardens, and a patio for outdoor enjoyment. With an adjustment to the window placement, the suite could be considered a 1 or 2 bedroom. The property has seen substantial upgrades in 2023/2024, including new plumbing, electrical, furnace, air conditioning, new 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, adding to its appeal. You will love the historical appeal and ability to access potential Government grants in relation 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!

Features of 5012 51 Avenue

MLS® # A2171435
Price $329,000
Bedrooms 1
Bathrooms 4.00
Full Baths 2
Half Baths 2
Square Footage 1,791
Acres 0.14
Year Built 1932
Type Residential
Sub-Type Detached
Style 2 Storey
Status Active

Community Information

Address 5012 51 Avenue
Subdivision Central Ponoka
City Ponoka
County Ponoka County
Province Alberta
Postal Code T4J 1R5

Amenities

Parking Spaces 2
Parking Off Street, Parking Pad
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances See Remarks
Heating Forced Air
Cooling Central Air
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Features Other
Lot Description See Remarks
Roof Asphalt, Tar/Gravel
Construction Stucco
Foundation Poured Concrete

Additional Information

Date Listed October 7th, 2024
Days on Market 24
Zoning C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX real estate central alberta

Listing Map