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5105 50 Avenue
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Beds
—
Baths
—
Sqft
2,164
Year
1946
Type
Business
On market
5d
Properties like this don't come available often. This prominent 2,164 sq. ft. commercial building sits in the heart of Lacombe's downtown core — one of the highest-traffic locations in the entire city, where visibility and foot traffic work hard for your tenants and your investment every single day. The building offers exceptional versatility . There are two long-standing & established tenants currently in place. You will also find a full basement that would be ideal for storage or any other ideas you might have for additional revenue opportunities. This is situated in a within steps of Lacombe Memorial Centre and other misc retail shops and excellent and varied dining establishments Whether you are an investor looking to purchase the building to take on the two long standing tenants that provide you with stable cash flow from day one OR You are an owner-operator wanting an opportunity to relocate or start your new business with the option to occupy all or part of the main floor with a strong community identity and consistent year round commercial activity, this could be it. There are many options for the discreet investor and business/entrepreneur to choose from. (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 9, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Lacombe. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.