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640 1st Ave, Ladysmith BC V9G 1A2
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$2,850,000

640 1st Ave, Ladysmith BC V9G 1A2, Ladysmith

Type
Mixed Use
MLS® Number
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!

Listed by RE/MAX Masters Realty

Listing data via VIVA, the MLS® System of the Victoria and Vancouver Island Real Estate Boards; courtesy of RE/MAX Masters Realty.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. 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 CREA and identify the quality of services provided by real estate professionals who are members of CREA. VREB IDX Reciprocity Program

Allie Hampton

Allie Hampton · Realtor® | BRIX Real Estate Group | Real Broker BC Ltd. · License #191385

(236) 969-2366 · allie@alliehampton.com