About 516 First Ave
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!
Features of 516 First Ave
| MLS® # | 1006961 |
|---|---|
| Price | $850,000 |
| Acres | 0.06 |
| Year Built | 1906 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 516 First Ave |
|---|---|
| Area | Du Ladysmith |
| City | Ladysmith |
| County | Duncan, City of |
| Province | BC |
| Postal Code | V9G 1A7 |
Amenities
| Parking Spaces | 1 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
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Exterior
| Exterior Features | Fenced, Sign: Allowed, Storefront |
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Additional Information
| Date Listed | July 10th, 2025 |
|---|---|
| Days on Market | 93 |
| Zoning | C2 |
Listing Details
| Office | Pemberton Holmes Ltd. |
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