Located in the heart of downtown Ladysmith, this 7,200 sq ft C-2 Downtown Commercial zoned property offers exceptional live/work, investment, and redevelopment potential. Flexible zoning permits a wide range of commercial, residential, mixed-use, retail, office, café, restaurant, studio, wellness, and potential medical or professional service uses. The existing home features 4 bedrooms plus other flex rooms ideal for offices, studios, guest space, consulting rooms, or business use. Large covered patio, private backyard, and alley access add versatility. Located steps from First Avenue shops, restaurants, galleries, waterfront amenities, Country Grocer, and nearby medical services. Potential future mixed-use redevelopment opportunity with ground-floor commercial and residential above. Allowed a max. 18 Meters. Buyer to verify with Town of Ladysmith. All measurements are approx, buyer to verify if important.