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$ 749,911
Est. payment /mo
Active
4929 50 AVE Lacombe, AB T4L 1H4
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Downtown Lacombe
MLS® Listing ID A2293710
Year Built 1920
Annual Tax Amount $6,126
Tax Year 2025
Property Sub-Type Mixed Use
Source Central Alberta
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
State AB
County Lacombe
Zoning C1
Interior
Inclusions 2 fridges, 2 stoves, 2 dishwashers, washer and dryer, all ceiling fans, all blinds and window coverings
Others
Restrictions See Remarks
Tax ID 102588721
Ownership Private
Listed by CIR Realty