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$588,000

4902 50 Avenue — Lacombe, Alberta

T4L1Y1

4,100Sq Ft
1903Built

About This Property

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:63357)

Property Location

Property Details

Property Type
Commercial
Living Area
4,100 sqft
Year Built
1903
Status
Active

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Lacombe Market Snapshot

80

Active Listings

$355K

Median Price

0

Avg Days on Market

Last updated: Jan 20, 2026

Listed by

MaxWell Devonshire Realty

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$588,000