Listed By:
First Place Realty
Address
4902 50 Avenue, Lacombe, AB
Price
$ 628,000
Property Attributes
  • ID#A2334027
  • TypeCommercial
  • Listing Status Active
  • CityLacombe
  • NeighbourhoodDowntown Lacombe
  • Postal CodeT4L 1Y1
  • StyleRetail
  • Year Built1901
  • Price$ 628,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.092516 Acres
Data Source:
Pillar 9 Technologies
Property Description

Excellent Business Opportunity in a Prime Lacombe Location Located in a highly visible and convenient area of Lacombe, just off Highway 12 and 2A, this building and business offer an outstanding opportunity for ownership. The property features a fully equipped commercial kitchen ready for restaurant operations.The spacious dining area is approximately 3,300 sq. ft. and can accommodate 110 seats, providing plenty of room for customers and future growth. The upper level includes a comfortable 3,300 sq. ft. living quarters, featuring three bedrooms, a living room, and a full bathroom, making it ideal for an owner-operator who wants the convenience of living on-site. This is a rare opportunity to own a property where you can operate a restaurant while enjoying the convenience of having your residence upstairs.This business is well suited for a family-operated restaurant and offers significant potential to expand the customer base and increase revenue. For more information or to schedule a private viewing, please contact the listing agent. Please do not disturb the staff or the owner during business hours.

Price History
8/1/2026 Listed $628,000

General Features

Zoning C1
Restrictions None Known
Year Built 1901
Property Subtype Retail
Transaction Type For Sale
County Lacombe
Property Type Commercial
Subdivision Name Downtown Lacombe
Status Active
City Lacombe
Structure Type Retail
Standard Status Active
Business YN Yes

Interior Features

Below Grade Finished Area Unit Type SquareFeet
Building Area Total SF 3920.00
Building Area Total Metres 364.18
Main Level Areas SquareFeet

Exterior Features

Inclusions None
Building Area Total 3920.00
Lot Size Acres 0.09
Lot Size Square Feet 4030

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in T4L 1Y1

Price
AVG $700K
$630K
Year Built
AVG 1914
1901
Visits
AVG 17
3
Data Provided by Inside Real Estate®

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