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®# 1004811
Photo 1: 530 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1004811
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Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1004811
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 level entry Rancher residence. 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, but are not limited to, hardscaping of rear yard space w/ a gas fireplace, new roof & gutters, & extensive landscaping. New heating systems ensure low maintenance, & economical utility costs. Rare offering in the heart of one of the best streets in Canada.
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:
5,003 sq. ft.
Lot Details:
50 x 100
Total Building Area:
2,401 sq. ft.
Fireplace:
No
Storefront
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
Town of Ladysmith (SD68)
Zoning:
C2
Occupancy:
Tenant
Parking Features:
On Site
Total Parking Spaces:
0
Date Listed:
Jul 02, 2025
Original Price:
1250000.0
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Listed by Royal LePage Duncan Realty
Data was last updated July 11, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$850,000
Min list price:
$350,000
Max list price:
$3,800,000
Avg days on market:
72
Min days on market:
8
Max days on market:
142
These statistics are generated based on the current listing's property type and located in Du Ladysmith. Average values are derived using median calculations. This data is not produced by the MLS® system.
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.