4929 50 Avenue, Lacombe, Alberta T4L 1H4 New

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$749,911

Highlights

$749,911

Price

4059 sqft

Lot

For sale

Status

A2293710

MLS® ID

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. (id:55690)

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    FEATURES AND AMENITIES

    Property Features

    • MLS® Number A2293710
    • Price $749,911
    • Square Footage: 4059 sqft
    • Property Type: Commercial Mix
    • Community Name: Downtown Lacombe
    • Plan Rn1

    Buildings

    Constructed Date 1920 Size Exterior 4058.89 Sqft
    Size Interior 4059 Sqft Total Finished Area 4058.89 Sqft
    Type Commercial Mix

    Land

    Acreage No Size Total Text Unknown
    Zoning Description C1

    Agents and Offices

    • Jon Nichols
    • Joel Nichols
    • Office: Cir Realty

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