About 5033 50ave
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.
