$749,911
FOR SALE

Commercial/Retail

4929 50 Avenue
Lacombe, AB T4L 1H4

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:47421)
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Listed By CIR Realty
Data Provided By Central Alberta REALTORS® Association
MLS® Listing Number A2293710
Last Updated Apr 17, 2026
Property Summary
Property Type Commercial/Retail

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Community Downtown Lacombe
Price History

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Detailed Information
Listing Contract Date 2026-03-18
Municipal ID 0025329856
Plan RN1
Property Type Other
Transaction Type For sale
Zoning Description C1
Building
Constructed Date 1920
Size (Exterior) 4058.89 square feet
Total Finished Area 4058.89 sqft
Type Commercial Mix
Land
Total Size Unknown

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