422 1ST AVE Ladysmith, BC V0R 2E0

161896540 48.992855 -123.81716 3116 /listing/161896540-150288354/422-1st-ave-ladysmith-bc-v0r-2e0 False 0 529900.0 13400 101 418168 True
  • $529,900
  • 13,400 sqft

Property & Neighborhood Info

Commercial in LADYSMITH

This 103 year old former hotel and pub was once the most prestigious hotels in the area when first built in 1913. Many Ladysmith residents have fond memories of activities surrounding this property over several generations. Unfortunately, the building has been largely abandoned for nearly 20 years and has fallen into a state of disrepair over time. Recent updates include a new roof in 2010 and an engineered repair of the building's alley-facing wall in 2008. Despite the building's current condition, there is ample opportunity for a developer to recondition the property into a modern hotel and pub/restaurant, office space with retail, apartments, or condos (or a combination to all of these). With almost 13,400 square feet of building and dedicated parking stalls behind - the possibilities are nearly endless. The current price reflects the condition of the property.

Courtesy Of RE/MAX Ocean Pointe Realty (LD)
  1. 13,400 Sq. Ft.

Main Features

  • Listing Status: Active
  • Year Built: 1913
  • MLS® Number:418168

Additional Features

  • Business Type:
    • Commercial
  • PROPERTY TYPE:
    • Building and Land
  • Title:
    • Freehold
  • Type:
    • Retail
Neighborhood info courtesy of Homes.com © 2017

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Wes Smith
Wes Smith
REALTOR®

422 1ST AVE Ladysmith, BC V0R 2E0

161896540 48.992855 -123.81716 3116 /listing/161896540-150288354/422-1st-ave-ladysmith-bc-v0r-2e0 False 0 529900.0 13400 101 418168 True
  • $529,900
  • 13,400 sqft