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Home BC Ladysmith
640 1st Ave
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640 1st Ave $3,299,900
4 days ago
$3,299,900
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640 1st Ave
Ladysmith, British Columbia V9G1A2

MLS® Number: 993356

Listing Description

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? For more information or a viewing, let's Get in Touch . Lorne at 250-618-0680. (29076601)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Neighbourhood Name
Ladysmith
Title
Freehold
Land Size
10000 sqft
Annual Property Taxes
$29,356
Time on REALTOR.ca
4 days

Building

Business
Business Type
Accommodation, Restaurant, Retail and Wholesale

Measurements

Exterior Building Size
7066 sqft

Land

Other Property Information
Access
Road access
Zoning Description
C-2
Zoning Type
Unknown
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8
Lorne Gait