See all 26 photos
26 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,400,000
Est. payment /mo
7,405 Sqft Lot
UPDATED:
02/07/2025 03:33 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 987573
Rental Info Unrestricted
Annual Tax Amount $16,446
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Mixed Use
Property Description
Prime Investment with Live-Work Potential and over 9000 sf -- Commercial Building, Restaurant/Bar, and 3 Bed Apartment in Historic Downtown Ladysmith! Seize this rare opportunity to own your own building with fully equipped restaurant and bar in a high-exposure location. Designed for maximum function, efficiency, and profitability. This 9,212 sq ft building includes a 5,655 sq ft main-level restaurant with 26'x14' covered patio, 2nd level boasts a 1464 sf ocean-view suite (3 bed 2 bath) plus 2093 of open unfinished space and a spacious 30'x30' rooftop deck—perfect for expansion. The restaurant is licensed for 142 guests, including a private event space. The fully equipped commercial kitchen features a walk-in freezer, walk-in cooler beer room, 16 draft lines, and full air conditioning for efficiency and comfort. Built to last with a metal roof and Hardi-plank siding, this is an incredible investment in a thriving community.
Location
Province BC
County Ladysmith, Town Of
Area Duncan
Interior
Heating Heat Pump
Cooling Air Conditioning, Central Air
Flooring Hardwood, Mixed
Heat Source Heat Pump
Exterior
Parking On Site 1
View Y/N Yes
View Mountain(s), Ocean
Building
Lot Description Central Location, Easy Access
Sewer Sewer Connected
Water Municipal
Structure Type Frame Wood
Others
Pets Allowed Yes
Tax ID 005-202-191
Ownership Freehold
Read Less Info
Listed by Royal LePage Parksville-Qualicum Beach Realty (PK)