Lisa Smith
(403) 704-0646
Coldwell Banker OnTrack Realty
403-343-3344
5023 51 Avenue
Ponoka , Alberta T4J 1S1
Ponoka , Alberta T4J 1S1
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5023 51 Avenue For Sale
$224,900
Welcome to a well kept commercial building in the heart of Ponoka’s main commercial core. Built in 1941, this property combines the character of an older building with a practical layout that suits a range of professional uses. Street presence is excellent and the location is second to none, set along a recently upgraded streetscape with pedestrian friendly features and improved accessibility. The main entrance includes a wheelchair accessible ramp leading to separate doors for each space.
The larger office space, approximately 1,558 sq ft, is leased to an established tenant under a five year lease, providing stable income and long term security. The smaller side, approximately 1,142 sq ft, is also rented, offering immediate cash flow from both units. Situated in the central business district with convenient nearby public parking and three rear parking stalls, this is a straightforward option for an investor seeking steady returns or a future owner/user who values location, reliability, and an already performing tenant mix.
Transaction Type
For Sale
For Sale
Days On Market
1
1
Zoning
C1
C1
Subdivision
Central Commercial Core
Central Commercial Core
Year Built
1941
1941
Structure Type
Low Rise (2-4 stories)
Low Rise (2-4 stories)
Property Type
Commercial
Commercial
Property Sub Type
Office
Office
Legal Plan
0720085
0720085
Building Area (Sq. Ft.)
2706.00
2706.00
Building Area (Sq. M.)
251.39
251.39
Lot Size (Sq. Ft.)
3540
3540
Lot Size (Acres)
0.08
0.08
Lot Features
Back Lane,Level,Street Lighting
Back Lane,Level,Street Lighting
Access to Property
Back Alley Access,Direct Access
Back Alley Access,Direct Access
Inclusions
N/A
N/A
Restrictions
None Known
None Known
Reports
None
None