5033 50ave, Ponoka
VERSATILE DOWNTOWN COMMERCIAL PROPERTY WITH MULTI-TENANT POTENTIAL! Located on a corner lot in the heart of Ponoka, this 3,888 sq. ft. commercial building offers an excellent opportunity for an owner-operator, investor, or business looking for flexible space. Built in 1967 and zoned C1 Central Commercial, the property features two separate street-facing entrances, providing the potential to create individual spaces that could be leased separately. The functional interior includes four separate offices/rooms, ideal for private offices, treatment rooms, individual tenants, or a variety of business uses.A unique feature of the property is the large secure vault room, previously used as a bank vault, complete with its original functional locking vault door—providing valuable secure storage and a distinctive piece of the building’s history.Recent improvements include plumbing upgrades, a new hot water tank, and renovated washrooms. Two washrooms and convenient on-site parking further add to the functionality of the property. Use the entire building for your own operation, occupy one portion while generating rental income from the remaining space, or explore a multi-tenant configuration. Chattels are negotiable. A well-located downtown commercial property offering adaptable space, excellent visibility, multiple entrances, secure storage, and income potential. (id:1945)
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Property details for 5033 50ave, Ponoka
- Type
- Commercial
- Living Area
- 3,888 square feet
- Lot Size
- 0.02
- Heating
- Natural gas, Central heating
- Cooling
- Central air conditioning
- Annual Taxes
- $3,862 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 5033 50ave
Active Listings
75
Min Price
$64,900
Max Price
$3,850,500
Avg Price
$503,450
Days on Market
110
days
Sold Listings
28
Min Sold Price
$130,000
Max Sold Price
$7,248,500
Avg Sold Price
$980,954
Days until Sold
97
days
Neighbourhood Census Data
Ponoka, Alberta
Population
514
Median Age
48.1
Median Income
$32,960
Dwelling Value
$200,328
Housing Tenure
Owners 45%
Renters 55%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 1,345.5/km²
Avg Shelter Cost: $1,025/mo
Owners with Mortgage: 60%
Owners Spending 30%+: 11.5%
Tenants Spending 30%+: 40.6%
English only: 96.1%
English and French: 2.9%
Median Household Income: $47,488
Median Employment Income: $37,632
Price History
Listed
October 2, 2026
by eXp Realty
Current Price
$359,000
Type
Commercial
For Sale