117 Kitchener St, Ladysmith, BC V9G 1A7
- $809,500
Courtesy of Royal LePage Nanaimo Realty LD
- List Price
- $809,500
- Status
- ACTIVE
- MLS®
- 1040630
- Property Type
- Commercial
- Acres
- 0.17
- Lot Size
- 7,200
- District
- Ladysmith
- Neighbourhood
- Du Ladysmith
Property Description
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!
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Additional Information
- Lot Features
- Central Location, Easy Access, Level, Rectangular Lot, Shopping Nearby
- Heating
- Baseboard, Natural Gas
- Parking Type
- On Site
- Taxes
- $3,332
- Rentals Allowed
- Unrestricted
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