5012 51 Avenue, Ponoka

$329,000

1 Beds
4 Baths
1,791 Sqft
.14 Acres
0 Garages

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!

Essential Information
MLS® #A2171435
Price$329,000
Bedrooms1
Bathrooms4.00
Full Baths2
Half Baths2
Square Footage1,791
Acres0.14
Year Built1932
TypeResidential
Sub-TypeDetached
Style2 Storey
StatusActive
Community Information
Address5012 51 Avenue
SubdivisionCentral Ponoka
CityPonoka
CountyPonoka County
ProvinceAlberta
Postal CodeT4J 1R5
Amenities
Parking Spaces2
ParkingOff Street, Parking Pad
Interior
Interior FeaturesSee Remarks
AppliancesSee Remarks
HeatingForced Air
CoolingCentral Air
Has BasementYes
BasementFinished, Full
Exterior
Exterior FeaturesOther
Lot DescriptionSee Remarks
RoofAsphalt, Tar/Gravel
ConstructionStucco
FoundationPoured Concrete
Additional Information
ZoningC1
Office

RE/MAX real estate central alberta

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