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Featured exterior photo of 640 1st Ave, Ladysmith, BC
4 days on market
Just Listed
Commercial Sale
640 1st Ave, Ladysmith, BC
$2,850,000
640 1st Ave, Ladysmith, BC
Commercial Sale · Mixed Use · Ladysmith, BC
$2,850,000 MLS® 1041717
0.23Acres

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!

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Property Location
640 1st Ave, Ladysmith, BC
Listed by RE/MAX Masters Realty

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