530 First Ave, Ladysmith, BC, V9G 1A7

$1,250,000

MLS® # 965611

House For Sale In Ladysmith, British Columbia

$1,250,000

Property Information:

Welcome to a prime investment opportunity on award-winning 1st Ave in Ladysmith. The property features 3 commercial units w/ excellent street frontage & a spacious, no-step Rancher residence above. Combining prime commercial space w/ luxurious residential living, this property is highly desirable. The commercial units suit various businesses, & above is a large single-family residence w/ high ceilings, private off-street parking, & zero noise transfer. The residence includes a courtyard w/ a freestanding gas fireplace. It has a detached garage, iron security gating, & alley access for convenience. Its location on 1st Ave offers excellent visibility & accessibility for businesses. Recent upgrades include a repaint, rear patio w/ a gas fireplace, new roofs & gutters, & extensive landscaping. New heating systems ensure low maintenance, & a ground-scan certificate guarantees the property's integrity. Low-maintenance utilities & extensive upgrades, ensuring minimal additional investment.

Property Features:

  • Annual Tax Amount: $10,289
  • Exterior Features: Storefront
  • Floor Space (approx): 2401 Square Feet
  • Lot Frontage: 5002.76 Square Feet
  • Lot Size: 5002.76 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Mixed Use
  • Zoning: C2
  • No. of Parking Spaces: 0

Courtesy of: Royal LePage Duncan Realty

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.

Additional Photos