$289,000
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5012 51 Avenue, Ponoka, AB T4J 1R5

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Here is a beautifully restored historic property offering both commercial space and a residential suite in the vibrant heart of downtown. Currently operating as a successful restaurant/cafe specializing in lunches and special events. The restaurant has operational approval from Alberta Health Services, and also has a liquor license. It is Ideally located on a revitalized, high-traffic street, this distinctive building blends timeless character with extensive modern upgrades, creating exceptional flexibility for business, investment, or personal use. The main floor presents an inviting commercial space ready to bring your entrepreneurial vision to life by continuing with the restaurant or another business. There are four bathrooms in tota! Upstairs, youll find a fully renovated studio-style suite designed with both comfort and functionality in mind. The upper level features two bathrooms, a warm and welcoming living area, and private access to a deck, patio, and raised garden beds which are perfect for relaxing or entertaining. With a simple window modification, the suite could easily be reconfigured into a one- or even two-bedroom residence, adding further versatility and value. Significant upgrades completed in 2023/2024 provide peace of mind and long-term confidence, including new sewer and water lines, updated plumbing and electrical, furnace and air conditioning, new flooring, framing and drywall, fire door and front door, eavestroughs, and more. The exterior has also been thoughtfully enhanced with new fencing, refreshed landscaping, additional garden space, and beautifully constructed decks. With its seamless blend of historic elegance and modern improvements, this property may also qualify for historic preservation grant opportunities an added benefit for investors and business owners alike. There is plenty of space on the 50 x 120 lot for parking at the back with the option of buidling a garage in the future. Whether youre looking to establish your business in a thriving downtown setting, generate rental income, or enjoy the convenience of living and working in one dynamic location; you wont want to miss this opportunity.

Listing By: Jane Wierzba - RE/MAX real estate central alberta cnpilar Realty.com
  • MLS® A2287686
  • Date Listed02/23/2026
  • Days on Realty 104 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Central Ponoka
  • County Ponoka County
  • Year Built 1932

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4J 1R5

Discover key demographics, population statistics, and environmental insights for the Ponoka, AB area.

Walkability in AB / T4J 1R5

Source: Walk Score

78/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

57/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 25/100.

Points of Interest near 5012 51 Avenue, Ponoka, AB T4J 1R5

Frequently Asked Questions for 5012 51 Avenue

Source: Realty.com

5012 51 Avenue, Ponoka, AB T4J 1R5 in Central Ponoka, Ponoka, AB T4J 1R5 is a mixed use listed at $289,000. Highlights include built in 1932. Realty.ca has 29 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 29 photos of 5012 51 Avenue.

Our records indicate that 5012 51 Avenue was built in 1932.

The full address for this home is 5012 51 Avenue, Ponoka, AB T4J 1R5.

5012 51 Avenue has been listed on Realty.com since Mon February 23, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 25/100.

Listing provided courtesy of: RE/MAX real estate central alberta (tel: 403-783-5007)
Listing agent: Jane Wierzba (tel: 403-358-8770)

This content last refreshed on 2026-06-07 17:37:23. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.