Prime Mixed-Use Property in Downtown Ladysmith! This renovated property offers commercial & residential space, with 3 civic addresses & high visibility next to a popular bakery. Almost 900 sq ft of commercial space, including a reception area, boardroom, 3 offices, common areas & dual front doors provide ease for potential division. New exterior tile & paint. Upstairs, a renovated 2 bdrm suite perfect for owners or rental. Updates include drywall, plumbing, electrical, insulation, stainless steel appliances, and vinyl plank flooring. Private backyard with new concrete patio and privacy fence. Detached garage and workshop accessible via the rear alley, for storage or additional revenue options. Walking distance to beach & the best spot to view the annual Ladysmith Light Up Parade. Airport is 10 minutes, Vancouver float planes and ferries less than 30 minutes, making this a good spot for local and regional businesses. Bring your business and lifestyle vision to life in this community!
Address
516 First Ave
List Price
$850,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Area
Duncan
Sub-Area
Du Ladysmith
Lot Size
2600 Sq. Ft.
Lot Size (Acres)
0.06 Ac.
Year Built
1906
MLS® Number
1006961
Listing Brokerage
Pemberton Holmes Ltd.
Postal Code
V9G 1A7
Tax Amount
$8,744.20
Tax Year
2025
Amenities
Fenced, Sign: Allowed, Storefront