Property Details

6000 48 Avenue
Ponoka (A2323758)

$1,870,000
5,290 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

An excellent opportunity to own a versatile commercial building in a highly visible and convenient location in the heart of town on a 1.24 acre lot. Surrounded by nearby amenities and positioned within a busy commercial area, this property offers outstanding potential for an investor, franchise, professional service provider, restaurant operator, or independent business owner. One side of the building was home to a successful restaurant for many years. The space is now a blank canvas, ready for a new owner or tenant to bring their vision to life. Whether you are considering a restaurant, retail space, professional offices, a service-based business, or a franchise location, the flexible layout provides plenty of opportunity to create a space that suits your needs. The second side is currently leased to a well-established long-term professional tenant that has occupied the space since 2008. This offers the new owner the advantage of an established tenant, dependable rental history, and immediate income potential. With its central location on a massive lot, huge paved parking lot, strong visibility, vacant space, and a long-term tenant already in place, this property offers an appealing combination of business potential and investment value. This prime location keeps you connected to the hustle and bustle of town. Located only 45 minutes to the International Airpot in Edmonton, 1 hour to edmonton, and 30 minutes to Red Deer.

Property details

Basic Info

MLS® #
A2323758
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
Lucas Heights
Price
$1,870,000
Sale/Lease:
For Sale
Size:
5,290 sq.ft.
Year Built:
2005 (21 years old)

Building Info

Structure Type:
Low Rise (2-4 stories)
Garage:
No
Fence:
Basement:
No
Inclusions:
Central Air Conditioning

Lot / Land Info

Lot Size:
1 acres
Zoning:
C2

Materials & Systems

Roof:
Asphalt
Exterior:
Wood Frame
Heating:
Forced Air
Cooling:
Central Air

Listing Info

Possession:
30 Days / Neg
Days on Market:
67
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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