Cheap Property For Sale Bc
516 First Ave
Du Ladysmith
Ladysmith
V9G 1A7
$850,000
Commercial Sale
built: 1906
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1006961
- Year Built:
- 1906
- Photos (27)
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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!
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Year built:
- 1906 (Age: 119)
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Du Ladysmith, Duncan
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 2,600 sq. ft.242 m2
- Lot Details:
- 26 x 100
- Taxes:
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- Building Features:
- Indoor Parking, Leasehold Improvements, Shopping Nearby, Transit Nearby, Visual Exposure, Workshop, See Remarks
- Ceiling Heights:
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- Total Building Area:
- 2,438 sq. ft.226 m2
- Commercial Area:
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- Sewer:
- Sewer To Lot
- Fireplace:
- No
- Pending Date:
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- Fenced, Sign: Allowed, Storefront
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Parking Features:
- On Site
- Total Parking Spaces:
- 1
- Total Units:
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- Date Listed:
- Jul 10, 2025
- Original Price:
- 850000.0
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Front of Building
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Photo 2 of 27
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Board Room
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Photo 5 of 27
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Common Area
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Photo 7 of 27
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Photo 9 of 27
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Bedroom 1
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Bedroom 2
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Backyard
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Backyard
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Photo 21 of 27
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Backyard
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Photo 23 of 27
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Back alley access to Garage & Workshop
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Inside Garage
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Workshop
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Street View
Larger map options:
Listed by Pemberton Holmes Ltd.
Data was last updated September 26, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 14
- Avg list price:
- $1,334,950
- Min list price:
- $269,000
- Max list price:
- $4,687,000
- Avg days on market:
- 89
- Min days on market:
- 14
- Max days on market:
- 183
These statistics are generated based on the current listing's property type
and located in
Du Ladysmith. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board.
The information is from sources deemed reliable, but should not be relied upon without independent verification.