Link Copied
Listed price in listed location currency (CAD).
$749,911

000

MLS® A2293710

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 3
Approx. Age 1920
MLS® Number A2293710

Property Address: 4929 50 Avenue, Lacombe, AB, T4L1H4

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA2293710
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

2 fridges, 2 stoves, 2 dishwashers, washer and dryer, all ceiling fans, all blinds and window coverings

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 18, 2026List Date
$749,911List Price
  • Commute

Commute

Starting Address
Destination Address
4929 50 Avenue, Lacombe, AB

Tour for free, no strings attached

Loading...

Similar Listings

Comparable Properties