New Listing
4919 50 Avenue, Lacombe
$775,000
MLS® # A2299582
Red Key Realty & Property Management
4929 50 Avenue , Lacombe
$749,911
0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages
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.
Essential Information
MLS® #A2293710
Price$749,911
Year Built1920
TypeCommercial
Sub-TypeMixed Use
StatusActive
Community Information
Address4929 50 Avenue
SubdivisionDowntown Lacombe
CityLacombe
CountyLacombe
ProvinceAlberta
Postal CodeT4L 1H4
Additional Information
ZoningC1
Listing Details
OfficeCIR Realty
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