At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.
5012 51 Avenue, Ponoka
2026-02-23
Quick Summary
MLS®#A2287686
Property Description
Here is a beautifully restored historic property offering both commercial space and a residential suite in the vibrant heart of downtown. Currently operating as a successful restaurant/cafe specializing in lunches and special events. The restaurant has operational approval from Alberta Health Services, and also has a liquor license. It is Ideally located on a revitalized, high-traffic street, this distinctive building blends timeless character with extensive modern upgrades, creating exceptional flexibility for business, investment, or personal use. The main floor presents an inviting commercial space ready to bring your entrepreneurial vision to life by continuing with the restaurant or another business. There are four bathrooms in tota! Upstairs, youâll find a fully renovated studio-style suite designed with both comfort and functionality in mind. The upper level features two bathrooms, a warm and welcoming living area, and private access to a deck, patio, and raised garden beds which are perfect for relaxing or entertaining. With a simple window modification, the suite could easily be reconfigured into a one- or even two-bedroom residence, adding further versatility and value. Significant upgrades completed in 2023/2024 provide peace of mind and long-term confidence, including new sewer and water lines, updated plumbing and electrical, furnace and air conditioning, new flooring, framing and drywall, fire door and front door, eavestroughs, and more. The exterior has also been thoughtfully enhanced with new fencing, refreshed landscaping, additional garden space, and beautifully constructed decks. With its seamless blend of historic elegance and modern improvements, this property may also qualify for historic preservation grant opportunities an added benefit for investors and business owners alike. There is plenty of space on the 50â x 120â lot for parking at the back with the option of buidling a garage in the future. Whether youâre looking to establish your business in a thriving downtown setting, generate rental income, or enjoy the convenience of living and working in one dynamic location; you wonât want to miss this opportunity. (id:32467)
Property Features
Building
- Exterior Finish: Stucco
- Fireplace: No
- Interior Size: 1791 sqft
- Building Type: Commercial Mix
Land
- Land Size: Unknown
Zoning
- Description: C1
Information entered by RE/MAX real estate central alberta
Listing information last updated on: 2026-05-26 18:12:10
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
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One Percent Realty's top FAQs
For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.
Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.
Learn more about the One Percent Realty Deal
Bhavya Soni Associate
- Phone:
- 7807070479
- Email:
- Opendreamdoorswithbhavya@gmail.com
- Support Area:
- Edmonton, Beaumont, Fort Saskatchewan, Spruce Grove, Stony Plain, Sherwood Park, St Albert, Millet, Wetaskiwin, Calmar, Devon, Morinville, Westlock County, Red Deer, Rimbey, Athabasca, Leduc, Falun, Ponoka, Lacombe, Camrose, Thorby, Drayton Valley
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