48
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$749,911
Est. payment /mo
4,058 SqFt
Active
4929 50 AVE Lacombe, AB T4L 1H4
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,058 sqft
Price per Sqft $184
Subdivision Downtown Lacombe
MLS Listing ID A2293710
Year Built 1920
Property Sub-Type Mixed Use
Property Description
Exceptional Investment Opportunity in Historic Downtown Lacombe! Own a landmark commercial building in one of Central Alberta's most charming and well-visited historic main streets. Ideally positioned for maximum visibility and strong pedestrian traffic,this property offers incredible potential for investors or owner-operators alike. The main floor provides a versatile commercial space perfect for retail,professional offices,or boutique services,while the upper level features two fully leased suites generating immediate rental income. Significant capital improvements have already been completed,including a full roof replacement where five layers were removed down to the wood and replaced with a high-quality membrane system (approximately $90,000) in 2022 this along with many upgraded windows over the years,this along with a commercial on demand water system make this a building with decades of community presence,now ready for its next chapter. Opportunities like this in downtown Lacombe rarely come to market.
Location
Province AB
Zoning C1
Interior
Inclusions 2 fridges, 2 stoves, 2 dishwashers, washer and dryer, all ceiling fans, all blinds and window coverings
Fireplace No
Exterior
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Others
Restrictions See Remarks
Listed by CIR Realty
Nearby Locations
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