Ladysmith, BC V9G1A2 640 1st Ave

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Presented By: Royal LePage Nanaimo Realty LD
  • MLS# 993356
  • 03/27/2025
  • Request Tour
  • Request Info
  • SQFT • 7,066

Home Details

Own & Transform the Ladysmith Inn (The Sporty)! This bar, restaurant, and hotel is ready for a visionary entrepreneur. With seating for 200, a pool table, entertainment space, and a cozy gas stove, it's primed for success. The commercial kitchen includes a walk-in freezer, cooler, and gas appliances—perfect for high-volume service. . An additional 1,752 sq. ft. main-floor retail space on First Avenue offers potential for a complementary business. Upstairs, 14 rental suites provide steady income, including a beautifully upgraded two-bedroom owner’s suite. With multiple revenue streams and endless possibilities, this is your chance to renovate, rebrand, and build a thriving hospitality business. Financials available upon signing an NDA. Are you ready to make it yours?
Presented By: Royal LePage Nanaimo Realty LD

Interior Features for 640 1st Ave

Other Interior Features

Basement Y/NNo
FireplaceNo
Total Units16

General for 640 1st Ave

Business TypeAccommodation, Restaurant/Bar, Retail
Commercial AreaCore (excl Downtown)
Commercial Listing TypeBuilding, Business, Land
Property SubtypeMixed Use
Property TypeCommercial Sale
Youngest Age Allowed0
ZoningC-2

Exterior for 640 1st Ave

Building Area Total7066.00
Lot Size Acres0.23
Lot Size Square Feet10000.00
Parking Onsite YNYes
View YNNo
WaterfrontNo

Additional Details

Denise Tutte

Agent for the Island Lifestyle
Price $3,299,900
MLS#993356
List Date 03/27/2025
Property Type Commercial
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