640 1st Ave, Ladysmith, British Columbia V9G 1A2

Listed for:
$2,850,000
0 beds
0 baths
Listed 5 days ago
Commercial Mix for rent: 640 1st Ave, Ladysmith, British Columbia V9G 1A2

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About

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:27476)

Property Highlights

MLS® Number
1041717
Type
Other
Ownership Type
Freehold
Land Size
10048 sqft

Building

Building Type
Commercial Mix
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location

Learn more about this property
Listing provided by:
RE/MAX Masters Realty
MLS® number:
1041717
Agent:
Mark Ballard
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