640 1st Ave Ladysmith, British Columbia V9G 1A2
$2,850,000
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! Please do not contact the staff directly (id:55599)
Business
| Business Type | Accommodation, Restaurant |
| Name | Ladysmith Inn + Sporty Grill & Pizza (The Sporty) |
Property Details
| MLS® Number | 1041717 |
| Property Type | Other |
| Neigbourhood | Ladysmith |
| Features | Central Location, Other |
Building
| Size Exterior | 7066 Sqft |
| Type | Commercial Mix |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 10048 |
| Size Total | 10048 Sqft |
| Size Total Text | 10048 Sqft |
| Zoning Description | C-2 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29961506/640-1st-ave-ladysmith-ladysmith
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June 26 2026 11:32:30
Vancouver Island Real Estate Board
RE/MAX Masters Realty