$520,000
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5009 50 Avenue, Ponoka, AB T4J1R7

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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 (id:58753)

  • MLS® A2349114
  • Date Listed09/30/2026
  • Days on Realty 1 Day
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Central Commercial Core
  • Year Built 1925

Exterior / Lot Features

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

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4J1R7

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

Walkability in AB / T4J1R7

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 5009 50 Avenue, Ponoka, AB T4J1R7

Frequently Asked Questions for 5009 50 Avenue

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 Wed September 30, 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.

This content last refreshed on 2026-10-01 19:19:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.