$749,911
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4929 50 Avenue, Lacombe, AB T4L 1H4

Exceptional Investment Opportunity in Historic Downtown Lacombe! Own a landmark commercial building in one of Central Albertas most charming and well-visited historic main streets. Ideally positioned for maximum visibility and strong pedestrian traffic, this property offers incredible potential for investors or owner-operators alike. The main floor provides a versatile commercial space perfect for retail, professional offices, or boutique services, while the upper level features two fully leased suites generating immediate rental income. Significant capital improvements have already been completed, including a full roof replacement where five layers were removed down to the wood and replaced with a high-quality membrane system (approximately $90, 000) in 2022 this along with many upgraded windows over the years, this along with a commercial on demand water system make this a building with decades of community presence, now ready for its next chapter. Opportunities like this in downtown Lacombe rarely come to market.

  • MLS® A2293710
  • Date Listed03/18/2026
  • Days on Realty 81 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Downtown Lacombe
  • County Lacombe
  • Year Built 1920

Exterior / Lot Features

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

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4L 1H4

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

Walkability in AB / T4L 1H4

Source: Walk Score

65/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

46/100

Bikable

Bike Score ®

Overview

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


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 0/100, Bike Score: 35/100.

Points of Interest near 4929 50 Avenue, Lacombe, AB T4L 1H4

Frequently Asked Questions for 4929 50 Avenue

Source: Realty.com

4929 50 Avenue, Lacombe, AB T4L 1H4 in Downtown Lacombe, Lacombe, AB T4L 1H4 is a mixed use listed at $749,911. Highlights include built in 1920. Realty.ca has 48 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 48 photos of 4929 50 Avenue.

Our records indicate that 4929 50 Avenue was built in 1920.

The full address for this home is 4929 50 Avenue, Lacombe, AB T4L 1H4.

4929 50 Avenue has been listed on Realty.com since Wed March 18, 2026

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

The average walkability score in the surrounding area is Walk Score: 19/100, Transit Score: 0/100, Bike Score: 35/100.

Listing provided courtesy of: CIR Realty (tel: 403-358-3883)
Listing agent: Jon Nichols (tel: 403-358-3883)

This content last refreshed on 2026-06-07 02:29:49. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.