640 1st Ave, Ladysmith BC V9G 1A2
$2,850,000
00
640 1st Ave, Ladysmith BC V9G 1A2 - Mixed Use for Sale in Ladysmith, BC
This 0 bedroom, 0 bathroom mixed use in Ladysmith, British Columbia is listed for sale at $2,850,000. Lot size: 10,019 sq ft (0.23 acres).MLS® #1041717.
Own a piece of history with THE LADYSMITH INN! This iconic hotel, bar, and restaurant is an incredible opportunity for a visionary entrepreneur in a high visibility location. Prominently located on one of Canada's most celebrated streets, renowned for its heritage buildings, brightly painted shops, local eateries, and community - offering unparalleled charm and strong foot traffic.
The main-floor bar features seating for 200, a pool area, and expansive entertainment space. Equipped with a commercial kitchen featuring with a walk-in freezer, cooler, and gas appliances, perfectly primed to handle high-volume service. Additionally, a 1,752 sq. ft. street-facing retail space on First Avenue provides the perfect canvas for a complementary business or a lucrative commercial lease.
Upstairs, 15 rental suites deliver steady cash flow. With multiple established revenue streams and endless possibilities to renovate and rebrand, this is a rare chance to build a thriving hospitality legacy!
Looking for homes for sale in Ladysmith? Browse Ladysmith real estate listings,commercial sale properties, and Vancouver Island homes on IslandSold.com. Located in the Du Ladysmith neighborhood. Part of the Duncan area.
$2,850,000
For Sale
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640 1st Ave, Ladysmith BC V9G 1A2
Ladysmith, BC V9G 1A2
MLS® #1041717
RE/MAX Masters Realty
0beds
0baths
Property Details
1st Ave Market Report
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Own a piece of history with THE LADYSMITH INN! This iconic hotel, bar, and restaurant is an incredible opportunity for a visionary entrepreneur in a high visibility location. Prominently located on one of Canada's most celebrated streets, renowned for its heritage buildings, brightly painted shops, local eateries, and community - offering unparalleled charm and strong foot traffic.
The main-floor bar features seating for 200, a pool area, and expansive entertainment space. Equipped with a commercial kitchen featuring with a walk-in freezer, cooler, and gas appliances, perfectly primed to handle high-volume service. Additionally, a 1,752 sq. ft. street-facing retail space on First Avenue provides the perfect canvas for a complementary business or a lucrative commercial lease.
Upstairs, 15 rental suites deliver steady cash flow. With multiple established revenue streams and endless possibilities to renovate and rebrand, this is a rare chance to build a thriving hospitality legacy!
Listing History
Members Only
Dallas King
Personal Real Estate Corporation
RE/MAX Generation
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Location & Community
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~$15,750
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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