Our Agents' Listings

530 First Ave
Du Ladysmith Ladysmith V9G 1A7

$1,250,000
Commercial Sale

Main Photo: 530 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 965611
Photo 1: 530 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 965611
Photo 2: 530 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 965611
Photo 3: 530 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 965611
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Photo 36: 530 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 965611
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
965611
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 Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
Du Ladysmith, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5,002.795 sq. ft.
Lot Details:
50 x 100
Taxes:
$10,289 / 2023
Total Building Area:
2,401 sq. ft.
Commercial Area:
Downtown
Fireplace:
No
Storefront
Main Level
0
Yes
No
Unrestricted
Financing Notes:
3.5% 1st 100k & 1.5% on bal if physically intro by buyer's agent, to the property otherwise $1k
Assessed:
876000.0
Assessment year:
2024
Jurisdiction name:
Town of Ladysmith (SD68)
Legal Description:
LOT 2, BLOCK 27, DISTRICT LOT 56, OYSTER DISTRICT, PLAN 703
Zoning:
C2
Occupancy:
Tenant
Parking Features:
On Site
Total Parking Spaces:
0
Total Units:
4
Date Listed:
May 31, 2024
Original Price:
1250000.0
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Data was last updated June 24, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
53
Avg list price:
$1,375,000
Min list price:
$25,000
Max list price:
$15,000,000
Avg days on market:
117
Min days on market:
3
Max days on market:
555
These statistics are generated based on the current listing's property type and located in Duncan. Average values are derived using median calculations.
ROYAL LEPAGE DUNCAN REALTY
Office: 250-746-6621
Toll Free: 800-933-3156
Beds (Min)
Any
1
2
3
4
5
Baths (Min)
Any
1
2
3
4
5
Priced between $ & $
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.