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

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Charming mixed use commercial building with a residential suite above. It sits in the heart of downtown on a bustling, revitalized street. A growing business will benefit from the high-traffic location and extensive upgrades throughout, including new sewer and water lines (2023) after the Towns street improvements. The sale includes the building with commercial space on the lower level and an upper residential suite. There is a kitchen on each level, and 4 bathrooms! So many opportunities for differnet business options. The main floor (959.63 sq. ft.) is currently set up as a licensed restaurant specializing in soup, sandwich, and pie; and is not equipped with a deep fryer. it was previously a bookstore. It includes two bathrooms and a kitchen. The upstairs (980.25 sq. ft.) is currently residential and was a successful hair salon for 30 years. It also has two bathrooms and a kitchen. The stylishly renovated studio / 2-bathroom suite above is ideal for living on-site or generating additional rental income. The suite opens to a cozy living area with a deck, raised gardens, and a patio. With an adjustment to window placement, it could function as a 1- or 2-bedroom. The basement measures 739.48 sq. ft. The property is unique, with a 50 120ft. lot offers plenty of space at the back for patio living, several parking spots, or even building a garage. Substantial upgrades in 2023/2024 include new modern plumbing, electrical, furnace, central air conditioning, 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. You will love the historical appeal and the potential to access government grants related 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.

Listing By: Jane Wierzba - RE/MAX real estate central alberta cnpilar Realty.com
  • MLS® A2349023
  • Date Listed09/29/2026
  • Days on Realty 2 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 44 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 44 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 Tue September 29, 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: 403-783-5007)

This content last refreshed on 2026-10-01 12:04:22. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.