Property Details
5023 51 Avenue
Ponoka (A2311722)
Description
If you are looking for an income-producing commercial property that actually pencils out, 5023 51 Avenue in downtown Ponoka delivers.
The east unit is locked in through December 2029 at $1,977 per month. The west unit is leased through April 30, 2028 at $952 per month, providing secured income across both bays.
Combined monthly revenue is $2,929. Annual operating expenses - taxes, insurance, utilities, and a maintenance reserve - run approximately $10,853.
The property sits on 51 Avenue, Ponoka's primary commercial corridor, surrounded by reputable, long-standing businesses along a well-maintained and updated streetscape. Street parking is available directly out front, a dedicated public parking lot is a short walk away, and three tenant parking spaces are located at the rear of the building. The building itself is 2,706 sq ft, constructed in 1941.
This property has been in the same family for over 50 years and is offered now as a turnkey investment in one of Ponoka's most established commercial locations.
Property details
- MLS® #
- A2311722
- Property Type:
- Commercial
- Subtype:
- Office
- Subdivision:
- Central Ponoka
- Price
- $214,900
- Sale/Lease:
- For Sale
- Size:
- 2,706 sq.ft.
- Year Built:
- 1941 (85 years old)
- Structure Type:
- Office
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- N/a
- Zoning:
- C1
- Possession:
- Immediate
- Days on Market:
- 47
Basic Info
Building Info
Lot / Land Info
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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