The Opportunity

Overview

Former Bank Location Built to Last !!! HIGH REVENUE YIELD MULTI TENANT Possible. River Bank Common !!!! Ideally Located on a corner lot at the intersection of 48 Ave. & 50 Street in Ponoka. Be a Landlord of Multiple Businesses, Golden Business Opportunity to own Land, Building & Business already included in List price! This centralized commercial retail property has the space and accommodations to house one, or a multitude of store fronts or retailers like it is currently hosting. With the expansive open floor plan on the main floor, or the individual retail spaces on the second floor with a suite. The Building is already home to many businesses Like Bruces hardware, aUkrainian themed Bistro , Boutique & much more possibilities. The building includes in the purchase price a bottled water business & equipmentcurrently in operation & ILCO key cutting machine. The Building has 2 separate wash rooms & 1 full bathroom with the suite. The suite has a huge potential for renting for even more rental yield. The brick exterior adds a rustic feel, along with the vast expanse of store front windows. Brand new Windows on the East & South of Building upgraded in 2026.Many different venues have utilized this expansive space for a multitude of purposes, from local markets, cafe's, aesthetic store fronts, retail, as well as a hardware and a general store. There is a green house attached towards the west of the building. Ideal for a nursery or vegetable growing & retail business. The area for the green house is over 1,300 Square feet (22' 7" x 64' 10") The fully fenced back yard is 1378 sq Ft (53'x26') . (id:61970)

Investment highlights

01Business

Property details

Property type: Business
Transaction: Business opportunity
Building area: 9,924 square feet
Listing brokerage: Century 21 Gillany Realty
Listing representative: Rizwan Syed
Board / association: Red Deer (Central Alberta)

Before you shortlist

Confirm the fit.

Questions to take into your review of this opportunity. Structured fields do not replace the full listing package or independent verification.

Ask about these details

Financial information

Asking price$579,999

Request the complete source listing package and independently verify all financial information before relying on it.

Location intelligence

4804 50 Street
Ponoka, Alberta T4J1S1

Open supplied address in mapsThe map search uses the supplied address. Confirm the exact parcel, entrance, access rights and permitted use independently.Explore the Ponoka market

Documents

ASKAsk about the property packageConfirm available documents

From interest to a decision

Start with the right questions.

Listing facts begin the conversation. These Alberta resources help you prepare—not certify this property or replace professional advice. Preparation links open in a new tab, keeping this property and your inquiry open.

01Clarify what is offered

Separate the operating business, assets and any property interest before comparing opportunities.

Open resource 02Organize the document request

Identify the records to ask for. Availability and access must be confirmed for this offering.

Open resource 03Plan property due diligence

Coordinate title, condition, approvals and professional review for any real estate being acquired.

Open resource

Property diligence resources

Listing content supports property discovery and should be independently reconciled to current legal and professional records before a transaction decision.

Explore the complete property resource library

Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29569042
Last supplied (UTC): October 20, 2026
Listing brokerage: Century 21 Gillany Realty
Listing representative: Rizwan Syed
Board / association: Red Deer (Central Alberta)

Commercially preserves the source listing’s brokerage attribution and links back to its REALTOR.ca record. Request information to confirm availability, documents, showing protocol and any facts not present in the supplied record.

Listing brokerage: Century 21 Gillany Realty · Listing representative: Rizwan Syed · Board/association: Red Deer (Central Alberta) · Updated (UTC): Oct 20, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

Business opportunity