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UNIQUE INVESTMENT OPPORTUNITY WITH INCREDIBLE POTENTIAL! The Leland Hotel at 5009 50 Avenue in Ponoka offers an opportunity for an investor, entrepreneur, or developer looking for a substantial mixed-use property with multiple potential revenue streams. The building provides approximately 5, 925 sq. ft. on the main floor alone, plus two additional upper levels, creating significant usable space throughout the property. The main floor includes a large former bar/lounge area as well as approximately 1, 250 sq. ft. of separate commercial storefront space, providing flexibility for retail, professional services, hospitality, entertainment, or other commercial uses. The upper levels contain 18 individual rooms, offering the opportunity to explore long-term accommodations, room rentals, office or service spaces, or alternative uses. With numerous individual rooms and distinct areas throughout the building, there is excellent potential to reconfigure the property and create multiple income-producing spaces, subject to municipal approvals. Situated on an approximately 9, 000 sq. ft. C1 Central Commercial lot, the property offers a central Ponoka location with convenient access and good visibility. The size and layout of the building provide an opportunity for an owner to combine multiple uses under one roof. Whether your vision includes commercial leasing, accommodations, professional offices, service businesses, hospitality, entertainment, redevelopment, or a combination of uses, this property provides the space and flexibility to create something unique. Bring your ideas and explore the possibilities at 5009 50 Avenue, Ponoka
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Ponoka, AB area.
78/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
57/100
Bikable
Bike Score ®
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.
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112, 26103 Highway 12, Rural Lacombe County, AB T4L0H6
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9 Burnt Valley Avenue, Rural Red Deer County, AB T4N4K9
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On Laura Avenue, Rural Red Deer County, AB T4E1B9
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20 Westside Close, Rural Lacombe County, AB T4S1S2
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5016 50 Ave
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4804 50 Street
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4804 50 Street
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5217 50 Avenue
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5401 50 Street
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5304 49 Street
4 bds • 4 ba • 169.79 sqft
4906 43 Street
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5402 54 Avenue
4 bds • 3 ba • 119.94 sqft
5007 42 Street
4 bds • 2 ba • 98.96 sqft
5401 58 Avenue Close
4 bds • 3 ba • 135.67 sqft
4203 41 Street Close
3 bds • 3 ba • 1120 sqft
3908 49 Avenue
3 bds • 3 ba • 104.05 sqft
3908 49 Avenue
4 bds • 3 ba • 132.16 sqft
3903 49 Avenue
3 bds • 2 ba • 95.16 sqft
4015 39 Street
4 bds • 3 ba • 119.84 sqft
6134 52 Street Close
4 bds • 3 ba • 1290 sqft
6134 52 Street Close
3 bds • 3 ba • 118.39 sqft
4006 38 Street
4 bds • 3 ba • 141.3 sqft
3908 39 Street Close
Source: Realty.com
5009 50 Avenue, Ponoka, AB T4J1R7 in Central Commercial Core, Ponoka, AB T4J1R7 is a mixed use listed at $520,000. Highlights include built in 1925. Realty.ca has 27 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 27 photos of 5009 50 Avenue.
Our records indicate that 5009 50 Avenue was built in 1925.
The full address for this home is 5009 50 Avenue, Ponoka, AB T4J1R7.
5009 50 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:
eXp Realty
(tel: 403-262-7653)
Listing agent:
Larry Matira
(tel: 403-785-6838)
This content last refreshed on 2026-10-01 05:16:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.