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5401 50 Street, Ponoka

3C, Ponoka

$459,000

About this property

Completely Improved Commercial & Residential Property! This unique property offers the best of both worlds, with a fully renovated residential home attached to a completely upgraded 4-bay commercial garage with office space. Ideal for first-time buyers looking to live and run a business from home, investors seeking dual-income potential, or tradespeople needing a workshop and storage. The 2 bedroom residence has undergone extensive renovations, including new flooring throughout, fresh interior paint, a brand-new bathroom, new appliances, a new on-demand hot water system, updated lighting, and new shingles. The home is move-in ready and presents beautifully. The commercial side features a 3-bay garage with office space, set on a new 6-inch concrete slab with hydronic in-floor heating and a dedicated boiler. All interior shop walls have been finished with new 7/16" OSB, and the office includes electric baseboard heating. Two bathrooms have been roughed-in for future completion. At the rear of the property sits a large metal-sided storage shed. The entire lot is secured with new chain-link fencing and a large gate, plus fresh gravel throughout for easy access and a clean appearance. A clean environmental report is on file. The property consists of two separate titles — one for the residence and one for the shop/commercial portion — offering excellent flexibility. Located near the newer town office and a new strip mall in a high-traffic area, the property enjoys strong visibility and curb appeal. Whether you’re a mechanic, handyman, or someone looking to lease vehicle storage space, the bays and workshop are ready to work. With extensive upgrades and one-of-a-kind potential, this property is well worth a closer look.

Essential information

MLS® number
A2338315
Status
Active
Price
$459,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
None Known
Building area
3,606 sq ft
Year built
1935
Structure
Low Rise (2-4 stories)
Listing brokerage
RE/MAX real estate central alberta
Source
Pillar 9™ MLS® System

Interior

Heating
Boiler, In Floor, Forced Air, Natural Gas
Included
Fridge, stove, washer and dryer

Exterior and construction

Zoning
C1

Community

Subdivision
3C
City
Ponoka
Province
AB
Postal code
T4J 1H3

Where it is

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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.

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The purchase

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The building

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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.

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MLS® data last updated Nov 8, 2026, 2:10 a.m. (Mountain Time).

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