Serving all of Vancouver Island:  Nanaimo • Parksville • Ladysmith • Duncan • Victoria • Comox

 Courtenay • Campbell River • Qualicum • Nanoose Bay • Cowichan • Cobble Hill • Port Alberni

 Gabriola Island • and much more!


Wes Smith RE/MAX Ocean Pointe
Office:250-758-3700
Fax:1-866-520-6102
Cell:250-947-0314

Why Sign Up?

  • Save your Listing Searches
  • Email Alerts on new Listings
  • See new listings sooner
  • Tag your Favourites for later

Already A Member?

My Listings

422 1ST AVE in LADYSMITH: Z3 Ladysmith Building And Land for sale (Zone 3 - Duncan) : MLS(r) # 418168

422 1ST AVE LADYSMITH V0R 2E0 : Z3 Ladysmith

Main Photo: 422 1ST AVE in LADYSMITH: Z3 Ladysmith Building And Land for sale (Zone 3 - Duncan)  : MLS(r) # 418168
$529,900
Prop. Type:
Building And Land
MLS® Num:
418168
Status:
Active
Bus Major:
Commercial
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.
Total Floor Area:
Switch units of measure13,400 sq. ft.
Year Built:
1913
Lot Size:
Switch units of measure0.22 acre(s)
Lot Shape:
Rectangular
Property Type:
Building And Land
Title:
Freehold
Major Business Type:
Commercial
Shopping Area, Signs Allowed, Store Front
Restrictions:
Other
Land And Services:
Views, Visual exposure, See Remarks
Date Listed:
Dec 28, 2016
Original Price:
$529,900
Listed by RE/MAX Ocean Pointe Realty
Listing information last updated on 19-Feb-2017 3:10 PM
WES SMITH