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Main Photo: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 1: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 2: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 3: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 4: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 5: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 6: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 7: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 8: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 9: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 10: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 11: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 12: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 13: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 14: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 15: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 16: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 17: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 18: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 19: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 20: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 21: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 22: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 23: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 24: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 25: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 26: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 27: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 28: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 29: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 30: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 31: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 32: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 33: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 34: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 35: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Photo 36: 18 Roberts St in Ladysmith: Du Ladysmith Retail for sale (Duncan)  : MLS®# 917002
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
917002
Year Built:
1905
Great opportunity to own a well established and successful restaurant property. Offering includes land, building and most equipment. The owners have a great reputation with the local community and the restaurant has a great following, but it is time for the owners to retire. This gives a new restaurateur the opportunity to build on a solid foundation in a growth area. The building has a vibrant atmosphere with an exceptional rear patio providing an ideal destination that is unique to the area. The Sellers, at their sole discretion, are prepared to offer Vendor Financing to help facilitate a transaction on mutually beneficial terms (first mortgage only). Ladysmith is a growing community located in the highly desirable Cowichan Valley - Southern Vancouver Island. Ladysmith is close to the airport, ferries and just south of Nanaimo. All sizes are approx. and should be measured by Buyer.
Property Type:
Commercial Sale
Type:
Retail
Commercial Type:
Building, Land
Year built:
1905 (Age: 118)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Du Ladysmith, Duncan
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3,600.025 sq. ft.
Lot Details:
30x120
Taxes:
Building Features:
High Traffic Area, Kitchen/Staff Room, Shopping Nearby, Transit Nearby, Visual Exposure
Construction:
Frame Wood, Wood
Electricity:
Yes
Number of Storeys:
2
Ceiling Heights:
Floor finish:
Linoleum, Tile, Vinyl, Wood
Total Building Area:
1,162 sq. ft.
Commercial Area:
Water supply:
Municipal
Sewer:
Sewer Connected
Heating:
Baseboard
Fireplace:
No
Pending Date:
See Remarks
See Remarks
Balcony/Patio, Display Window, Fenced, Garden, Lighting, Sign: Allowed, Storefront
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Town of Ladysmith (SD68)
Legal Description:
Zoning:
C-2 (Downtown Commercial)
Legal Non-Conformance:
No
Units in Building:
Units in Community:
Other Equipment:
Security System
Occupancy:
Owner
Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Lot Site Features:
Central Location, Cleared, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Hillside, Landscaped, Marina Nearby, Near Golf Course, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Sloped
Road Surface Type:
Paved
Total Units:
Date Listed:
Oct 17, 2022
Original Price:
875000.0
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Virtual Tour

Listed by Coldwell Banker Oceanside Real Estate
Data was last updated February 6, 2023 at 06:05 PM (UTC)
Area Statistics
Listings on market:
48
Avg list price:
$1,174,444
Min list price:
$20,000
Max list price:
$7,475,000
Avg days on market:
78
Min days on market:
4
Max days on market:
280
These statistics are generated based on the current listing's property type and located in Duncan. Average values are derived using median calculations.
Andy Gregory
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.