5012 51 Avenue Active

Ponoka,AB T4J 1R5

$ 329000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Central Ponoka

MLS Listing ID A2169753

Originating Board Central Alberta

Year Built 1932

Annual Tax Amount $1,888

Tax Year 2024

Property Description

Welcome to this charming Historic building currently operating as a lovely lunch spot with residential studio 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!

Location

Province 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 58016291

Ownership Private

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