$ 224,900
Alberta Ponoka Central Commercial Core
47 Photos
5023 51 Avenue, Ponoka, AB T4J1S1 Photo 2
5023 51 Avenue, Ponoka, AB T4J1S1 Photo 3
5023 51 Avenue, Ponoka, AB T4J1S1 Photo 4
5023 51 Avenue, Ponoka, AB T4J1S1 Photo 5

5023 51 Avenue, Ponoka

  • Living area: 2706 square feet
  • Type: Commercial
  • Added: 3 weeks ago
  • Updated: 3 weeks ago
  • Last Checked: 18 hours ago
  • Listed by: Coldwell Banker OnTrack Realty

Listing description
This Commercial listing at 5023 51 Avenue Ponoka, AB with the MLS Number a2273855 listed by Lisa Smith - Coldwell Banker OnTrack Realty on the Ponoka market 3 weeks ago at $224,900.

Welcome to a well kept commercial building in the heart of Ponoka’s main commercial core. Built in 1941, this property combines the character of an older building with a practical layout that suits a range of professional uses. Street presence is excellent and the location is second to none, set along a recently upgraded streetscape with pedestrian friendly features and improved accessibility. The main entrance includes a wheelchair accessible ramp leading to separate doors for each space.The larger office space, approximately 1,558 sq ft, is leased to an established tenant under a five year lease, providing stable income and long term security. The smaller side, approximately 1,142 sq ft, is also rented, offering immediate cash flow from both units. Situated in the central business district with convenient nearby public parking and three rear parking stalls, this is a straightforward option for an investor seeking steady returns or a future owner/user who values location, reliability, and an already performing tenant mix. (id:1945)
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Property Details Key information about 5023 51 Avenue
  • Year Built: 1941
  • Structure Type: Offices
  • Building Area Total: 2706
Interior Features Discover the interior design and amenities
  • Living Area: 2706
  • Above Grade Finished Area: 2706
  • Above Grade Finished Area Units: square feet
Exterior & Lot Features Learn about the exterior and lot specifics of 5023 51 Avenue
  • Lot Features:
    • Back lane
    • Level
  • Lot Size Units: square feet
  • Parking Total: 3
  • Lot Size Dimensions: 3540.00
Location & Community Understand the neighborhood and community
  • Subdivision Name: Central Commercial Core
Tax & Legal Information Get tax and legal details applicable to 5023 51 Avenue
  • Tax Lot: 15A
  • Tax Year: 2025
  • Tax Block: 3
  • Parcel Number: 0032173163
  • Tax Annual Amount: 3043.72
  • Zoning Description: C1
Additional Features Explore extra features and benefits
  • List A O R: Red Deer (Central Alberta)
  • List A O R Key: 25
  • Geocode Manual Y N: 1
  • Frontage Length Numeric: 8.99
  • Frontage Length Numeric Units: meters

Nearby Listings Stat Estimated price and comparable properties near 5023 51 Avenue

Active listings
40
Min Price
$45,000
Max Price
$3,998,500
Avg Price
$600,285
Days on Market
136 days
Sold listings
12
Min Sold Price
$75,000
Max Sold Price
$539,900
Avg Sold Price
$283,708
Days until Sold
175 days

Nearby Places Nearby schools and amenities around 5023 51 Avenue

Mecca Glen School (0 km)
5030 51 Ave, Ponoka

Ponoka Alternative Supports School (0 km)
5030 51 Ave, Ponoka

Woodlands Adventist School (0 km)
Ponoka

Ponoka Outreach School (0.2 km)
5010 49 Avenue, 50 49 Ave, Ponoka

Ponoka Elementary School (0.4 km)
4900 54 St, Ponoka

Diamond Willow Middle School (0.7 km)
Ponoka

St Augustine School (0.8 km)
5520 45 Avenue Cr, Ponoka

Saint Augustine School (0.9 km)
Ponoka

Perry's 2 For 1 Pizza & Pasta (0.1 km)
5020 50 Ave, Ponoka

Boston Pizza (1 km)
4820 60 St, Ponoka

Cilantro + Chive (1.6 km)
2-4213 Alberta 2 Alt, Ponoka

KFC (1.9 km)
4201 64 St, Ponoka

Tim Hortons (0.5 km)
Hwy 2A, Ponoka

Extra Foods (1.8 km)
5561 Highway 53, Ponoka

Bob Ronnie Catering (1.9 km)
4110 64 St, Ponoka

Ponoka Meat Processors (2.1 km)
4207 67 St, Ponoka County No. 3

Ponoka Chrysler Jeep Dodge (2.2 km)
6510 39 Ave, Ponoka

Ponoka Industrial (Labrie Field) Airport (3.4 km)
Clive

Price History

December 4, 2025
by Coldwell Banker OnTrack Realty
$224,900
5023 51 Avenue
More Details?
Lisa Smith
  • Lisa Smith
  • Coldwell Banker OnTrack Realty
  • 403-704-0646
  • Website

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Comparison of 5023 51 Avenue, Ponoka, AB with Nearby Commercial Listings
Nearby Cities Listings Avg. price
Rural Ponoka County Real Estate 108 $327,958
Lacombe Real Estate 63 $481,225
Rural Lacombe County Real Estate 54 $1,126,095
Blackfalds Real Estate 62 $612,924
Red Deer Real Estate 224 $594,447
Rural Wetaskiwin County Real Estate 58 $382,744
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Kelowna Real Estate 1161 $1,298,531