$588,000
FOR SALE

Business for Sale

4902 50 Avenue
Lacombe, AB T4L 1Y1

A rare find historical building perfectly located in Downtown Lacombe. This freestanding building has exceptional high exposure at the intersection of Highway #2 & 2A, with plenty of parking and easily accessible to major highways and city amenities. Approximately 4100 sq.ft. on the main level presently occupied as a fully licensed restaurant with a spacious kitchen can be easily converted to all types of cooking. Partially finished upper level features 4 bedrooms, rec room, full bath and a huge open space with high ceiling perfect for additional development. Nice and clean full size basement is partially finished with office, multi-purposes rooms and huge open space for additional storage. Newer metal roof & upgraded electricals. Price includes restaurant fixtures and equipment. Great business/investment opportunity for owner, family occupied or creative mind entrepreneur. Lacombe is one of the fast growing city in North Central Alberta with a diversified economy and excellent city amenities.Other Property Types: RetailSubject Space Width: 40Ownership Interest: PrivateTitle to Land: Fee SimpleRPR Survey Available: NoSeller Rights: NoAppointment Name: Richard LiAppointment Phone: 780-438-2500Paragon Listing ID: E4450789 (id:47421)
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Listed By MaxWell Devonshire Realty
Data Provided By REALTORS® Association of Edmonton – Commercial
MLS® Listing Number 43688949
Last Updated Mar 11, 2026
Property Summary
Property Type Business For Sale

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Price History

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Detailed Information
Listing Contract Date 2025-08-01
Property Type Business
Transaction Type For sale
Building
Constructed Date 1903
Land
Total Size 0 square feet

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