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$2,850,000
640 1st Ave
Ladysmith, BC V9G 1A2
Ladysmith, BC V9G 1A2
Mixed Use
Property Description
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!
Property Details
MLS #:
1041717
ID #:
31662794
Type:
Commercial Sale
Sub-Type:
Mixed Use
Area:
Duncan
Sub-Area:
Du Ladysmith
Status:
Active
Lot Size:
0.23 acres
Property Tax:
$34,009 (2025)
Days on Market:
112 days
Listing provided by RE/MAX Masters Realty
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Contact Information
Devika Jha
Sales Associate, REALTOR®
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Location
640 1st Ave , Ladysmith, BC V9G 1A2