Browse listings

6000 48 Avenue, Ponoka

LR, Ponoka

$1,870,000

About this property

An excellent opportunity to own a versatile commercial building in a highly visible and convenient location in the heart of town on a 1.24 acre lot. Surrounded by nearby amenities and positioned within a busy commercial area, this property offers outstanding potential for an investor, franchise, professional service provider, restaurant operator, or independent business owner. One side of the building was home to a successful restaurant for many years. The space is now a blank canvas, ready for a new owner or tenant to bring their vision to life. Whether you are considering a restaurant, retail space, professional offices, a service-based business, or a franchise location, the flexible layout provides plenty of opportunity to create a space that suits your needs. The second side is currently leased to a well-established long-term professional tenant that has occupied the space since 2008. This offers the new owner the advantage of an established tenant, dependable rental history, and immediate income potential. With its central location on a massive lot, huge paved parking lot, strong visibility, vacant space, and a long-term tenant already in place, this property offers an appealing combination of business potential and investment value. This prime location keeps you connected to the hustle and bustle of town. Located only 45 minutes to the International Airpot in Edmonton, 1 hour to edmonton, and 30 minutes to Red Deer.

Essential information

MLS® number
A2323758
Status
Active
Price
$1,870,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
5,290 sq ft
Lot size
54,014 sq ft
Year built
2005
Structure
Low Rise (2-4 stories)
Listing brokerage
RE/MAX real estate central alberta
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air
Cooling
Central Air
Included
Central Air Conditioning

Exterior and construction

Construction
Wood Frame
Roof
Asphalt
Zoning
C2

Community

Subdivision
LR
City
Ponoka
Province
AB
Postal code
T4J 1K2

Where it is

Loading map…

Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

$
%
%
%
yrs

The building

$
%
$
Cap rate—
Cash on cash—
Net operating income
—
Mortgage payment monthly
—
Annual debt service
—
Cash flow monthly, before tax
—
Cash in the deal
—
Loan amount
—
Debt service coverage —

—

An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in commercial property in Ponoka reaches the market — often before it is advertised anywhere else.

We’ll email you once to confirm. No account, nothing to log in to, and the listings stay open to everyone either way.

✓

You are on the list.

You will hear the moment a new listing in commercial property comes up.

Similar properties to MLS® #A2323758

MLS® data last updated Nov 8, 2026, 1:30 a.m. (Mountain Time).

Call WhatsApp Email Instagram