Area: British Columbia
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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:44056)

Property Details

Full Address:
640 1st Ave, Ladysmith, British Columbia
Price:
$ 2,850,000
MLS Number:
1041717
List Date:
June 26th, 2026
Neighbourhood:
Ladysmith
Building Size:
7066 sq.ft.
Lot Size:
10048 sq.ft.
Taxes:
$ 34,009

Interior Features

Building Features

Building Size:
7066 sq.ft.
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$ 34,009

Floors

Land

Lot Size:
10048 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Mark Ballard
RE/MAX Masters Realty
Co-Listing: James Barnes
RE/MAX Masters Realty

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