640 1st Ave is a Mixed Use listed at $2,850,000 in Ladysmith, Ladysmith. 109 days on market. Listed by RE/MAX Masters Realty. MLS® 1041717.
$2,850,000 · Mixed Use · MLS® 1041717
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!
Ladysmith real estate & homes for sale Ladysmith is a charming seaside town on Vancouver Island’s east coast, known for its heritage downtown and ocean views. Explore Ladysmith real estate to find character homes, condos, and family properties...