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640 1st Ave, Ladysmith, BC V9G 1A2
640 1st Ave, Ladysmith, BC V9G 1A2
640 1st Ave, Ladysmith, BC V9G 1A2
640 1st Ave, Ladysmith, BC V9G 1A2
640 1st Ave, Ladysmith, BC V9G 1A2
640 1st Ave, Ladysmith, BC V9G 1A2
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Listed by Lorne Gait Royal LePage Nanaimo Realty LD
$ 3,000,000
Est. payment | /mo

7,066 SqFt


Save
$ 3,000,000
Est. payment | /mo
Save

7,066 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,066 sqft

Price per Sqft $424

MLS Listing ID 1026347

HOA Y/N No

Annual Tax Amount $34,009

Tax Year 2025

Lot Size 10,018 Sqft

Acres 0.23

Property Sub-Type Mixed Use

Property 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?

Location

Province BC

County Ladysmith, Town Of

Community Du Ladysmith

Area Duncan

Zoning C-2

Interior

Fireplace No

Exterior

Parking Features On Site

View Y/N No

Garage No

Others

Ownership Freehold

Nearby Locations

Robert Nixon

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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640 1st Ave