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Wes Smith RE/MAX Ocean Pointe

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422 1ST AVE in LADYSMITH: Z3 Ladysmith Building And Land for sale (Zone 3 - Duncan) : MLS(r) # 421686

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) # 421686
Prop. Type:
Building And Land
MLS® Num:
Bus Major:
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. Please download info pack prior to booking appointment:
Total Floor Area:
Switch units of measure13,400 sq. ft.
Year Built:
Lot Size:
Switch units of measure0.22 acre(s)
Lot Shape:
Unit Rentable Area:
Switch units of measure13,400 sq. ft.
Property Type:
Building And Land
Major Business Type:
Business Name:
Date Listed:
Mar 30, 2017
Original Price:
Listed by RE/MAX Ocean Pointe Realty (LD)
Listing information last updated on 26-Jul-2017 1:10 PM