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
$ 2,250,000
Est. payment | /mo
7,405 Sqft Lot
$ 2,250,000
Est. payment | /mo
7,405 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1011742
Rental Info Unrestricted
Year Built 1904
Annual Tax Amount $16,446
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Retail
Property Description
The opportunity to purchase a turnkey restaurant/pub property with 2nd floor residential at 11 High Street in the growing Town of Ladysmith. Within walking proximity to transit amenities, the downtown core and the waterfront, this property is ideally situated. Currently owner-occupied and operated as the popular Fox and Hounds pub and restaurant, the property also includes a large +/-1,500 sqft (3 bed/2 bath) oceanview 2nd floor apartment with the potential of adding one or more oceanview apartment units. Approx $900,000 spent in 2014 on renovations and kitchen equipment which are all included. Liquor Primary license also included. Seating capacity is 89 in the main restaurant; 32 in the Function Suite and 25 on the courtyard patio. Free street parking out front. Tours only with listing agent from 8am-11am
Location
Province BC
County Ladysmith, Town Of
Area Du Ladysmith
Zoning C-2
Interior
Inclusions Equip/Machinery, Fixtures, Inventory, Leasehold Improvements, Trade Name(s)
Exterior
View Y/N Yes
View Ocean
Building
Lot Description Central Location, Easy Access, Serviced, Shopping Nearby, Sidewalk
Sewer Sewer Connected
Water Municipal
Others
Tax ID 005-202-191
Ownership Freehold
Listed by Colliers International (Nan)