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:59709)
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
Contact Us
Contact us for more information
Mark Ballard
Personal Real Estate Corporation, Ballard 360 Team
www.ballard360.com/
www.facebook.com/ballard360/
www.linkedin.com/in/mark-ballard-106149b/
www.instagram.com/ballard360/
#200 - 1455 Bellevue Avenue
West Vancouver, British Columbia V7T 1C3
(604) 913-9000
(604) 926-6929
www.remaxcrest.ca/
James Barnes
Ballard 360 Team
#200 - 1455 Bellevue Avenue
West Vancouver, British Columbia V7T 1C3
(604) 913-9000
(604) 926-6929
www.remaxcrest.ca/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 26 2026 11:32:30
Vancouver Island Real Estate Board
RE/MAX Masters Realty