Rare downtown Ladysmith opportunity at 117 Kitchener St! This level 7,200 sqft C2 lot offers an incredible live-work setup or investment. The property features an updated 2-bedroom home alongside a 22'x19' commercial building. The house is move-in ready with a new metal roof, updated plumbing, wiring, paint, and flooring. Both buildings conveniently have separate hydro meters. The true value lies in the Downtown Commercial zoning, designed to accommodate a broad range of uses like retail, restaurants, offices, and tourist accommodation. Town bylaws permit up to 100% parcel coverage and building heights up to 18.0 metres, providing a massive canvas for future multi-story redevelopment. With easy access and a central location near shopping, it is an investor or developer's dream. Don't miss out on this exceptionally versatile gem! (id:13843)
| MLS # | 1040630 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial Mix |
| Status | Active |
| Days On Site | 68 |
| Listing Provided By | Royal LePage Nanaimo Realty LD | Mitchel Doherty |
| SQ Feet | 1,191 |
|---|---|
| Zoning | Unknown |
| Acreage | 0.17 |
| Lot Features | Central location, Level lot, Other, Rectangular |
|---|
| Tax Annual Amount | 3332 |
|---|
| Province | BC |
|---|---|
| City | Ladysmith |
| Postal Code | V9G1A7 |
| Listing VS Median (in V9G1A7) | |
Price: $809,500 low | high Med: $809,500 sqft: 1,191 low | high Med: 821 $ / sqft: $680 low | high Med: $986 On site: 68 low | high Med: 69 | |
| Province | BC |
|---|---|
| City | Ladysmith |
| Postal Code | V9G1A7 |
| Listing VS Median (in V9G1A7) | |
Price: $809,500 low | high Med: $809,500 sqft: 1,191 low | high Med: 821 $ / sqft: $680 low | high Med: $986 On site: 68 low | high Med: 69 | |