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 |
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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 |
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Subdivision | Central Ponoka |
City | Ponoka |
County | Ponoka County |
Province | Alberta |
Postal Code | T4J 1R5 |
Amenities
Parking Spaces | 2 |
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Parking | Off Street, Parking Pad |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | See Remarks |
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Appliances | See Remarks |
Heating | Forced Air |
Cooling | Central Air |
Fireplace | No |
Has Basement | Yes |
Basement | Finished, Full |
Exterior
Exterior Features | Other |
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Lot Description | See Remarks |
Roof | Asphalt, Tar/Gravel |
Construction | Stucco |
Foundation | Poured Concrete |
Additional Information
Date Listed | October 7th, 2024 |
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Days on Market | 40 |
Zoning | C1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RE/MAX real estate central alberta |
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