516 First Ave
Du Ladysmith Ladysmith V9G 1A7

$850,000
Commercial Sale built: 1906

Front of Building
Photo 1: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 2: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 3: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 4: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 5: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 6: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 7: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 8: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 9: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 10: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 11: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 12: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 13: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 14: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 15: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 16: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 17: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 18: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 19: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 20: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 21: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 22: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 23: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 24: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 25: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 26: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Photo 27: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1006961
Year Built:
1906
Prime Mixed-Use Property in Downtown Ladysmith! This renovated property offers commercial & residential space, with 3 civic addresses & high visibility next to a popular bakery. Almost 900 sq ft of commercial space, including a reception area, boardroom, 3 offices, common areas & dual front doors provide ease for potential division. New exterior tile & paint. Upstairs, a renovated 2 bdrm suite perfect for owners or rental. Updates include drywall, plumbing, electrical, insulation, stainless steel appliances, and vinyl plank flooring. Private backyard with new concrete patio and privacy fence. Detached garage and workshop accessible via the rear alley, for storage or additional revenue options. Walking distance to beach & the best spot to view the annual Ladysmith Light Up Parade. Airport is 10 minutes, Vancouver float planes and ferries less than 30 minutes, making this a good spot for local and regional businesses. Bring your business and lifestyle vision to life in this community!
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building, Land
Year built:
1906 (Age: 119)
Lease Type:
Sale Price
Listing General Location:
Du Ladysmith, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
2,600 sq. ft.
Lot Details:
26 x 100
Building Features:
Indoor Parking, Leasehold Improvements, Shopping Nearby, Transit Nearby, Visual Exposure, Workshop, See Remarks
Total Building Area:
2,438 sq. ft.
Sewer:
Sewer To Lot
Fireplace:
No
Fenced, Sign: Allowed, Storefront
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
City of Duncan
Zoning:
C2
Parking Features:
On Site
Total Parking Spaces:
1
Date Listed:
Jul 10, 2025
Original Price:
850000.0
  • Photo 1: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Front of Building
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  • Photo 4: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Board Room
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  • Photo 6: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Common Area
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  • Photo 15: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Bedroom 1
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  • Photo 18: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Bedroom 2
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    Backyard
  • Photo 20: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Backyard
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  • Photo 22: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Backyard
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  • Photo 24: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Back alley access to Garage & Workshop
  • Photo 25: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Inside Garage
  • Photo 26: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Workshop
  • Photo 27: 516 First Ave in Ladysmith: Du Ladysmith Mixed Use for sale (Duncan)  : MLS®# 1006961
    Street View
Listed by Pemberton Holmes Ltd.
Data was last updated July 11, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$850,000
Min list price:
$350,000
Max list price:
$3,800,000
Avg days on market:
66
Min days on market:
1
Max days on market:
143
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.