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MLS® A2349114 · Other

$520,000

5009 50 Avenue

Central Commercial Core · Ponoka · Alberta · T4J1R7

Listing status: Active— beds— bathsBuilt 1925
A CLOSER LOOK

About this property

UNIQUE INVESTMENT OPPORTUNITY WITH INCREDIBLE POTENTIAL! The Leland Hotel at 5009 50 Avenue in Ponoka offers an opportunity for an investor, entrepreneur, or developer looking for a substantial mixed-use property with multiple potential revenue streams.The building provides approximately 5,925 sq. ft. on the main floor alone, plus two additional upper levels, creating significant usable space throughout the property. The main floor includes a large former bar/lounge area as well as approximately 1,250 sq. ft. of separate commercial storefront space, providing flexibility for retail, professional services, hospitality, entertainment, or other commercial uses.The upper levels contain 18 individual rooms, offering the opportunity to explore long-term accommodations, room rentals, office or service spaces, or alternative uses. With numerous individual rooms and distinct areas throughout the building, there is excellent potential to reconfigure the property and create multiple income-producing spaces, subject to municipal approvals.Situated on an approximately 9,000 sq. ft. C1 – Central Commercial lot, the property offers a central Ponoka location with convenient access and good visibility. The size and layout of the building provide an opportunity for an owner to combine multiple uses under one roof.Whether your vision includes commercial leasing, accommodations, professional offices, service businesses, hospitality, entertainment, redevelopment, or a combination of uses, this property provides the space and flexibility to create something unique.Bring your ideas and explore the possibilities at 5009 50 Avenue, Ponoka (id:65883)

Location

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Property summary

MLS® number
A2349114
Listing status
Active
Listing price
$520,000
Listed on
2026-09-30
Last updated
2026-10-30
Property type
Other
City
Ponoka
Neighbourhood
Central Commercial Core
Year built
1925
Listing brokerage
eXp Realty

Condo & HOA / association fees

HOA / association fee
Not provided in the listing feed
Payment frequency
Not provided in the listing feed
Reported fee includes
Coverage not provided in the listing feed

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Heating & cooling

Fireplace
No

Building & parking

Building type
Commercial Mix

Appliances & features

Annual property tax
$6,274
Tax year
2025
REALTOR.ca source listing ↗

Source: MLS® listing via REALTOR.ca DDF®. Listed by eXp Realty. Information is believed reliable but should be independently verified. Measurements and availability may change.

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5009 50 Avenue · MLS® A2349114

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5009 50 Avenue · MLS® A2349114

Tell us how you are planning to buy, whether you have mortgage pre-approval, whether you are working with an agent, and your preferred showing dates and time windows.

Share general purchase preferences only. Please do not include bank details, identification, or financial documents.