640 1st Ave
Ladysmith, Ladysmith, BC, V9G1A2
Listed by RE/MAX Masters Realty
$2,850,000
- 7066 sq ft
Listed 117 days ago · MLS® 1041717
About this home
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! Please do not contact the staff directly (id:66966)
Details
- Type
- Other
- Size
- 7066 sq ft
- Property tax
- $34,009
- Neighbourhood
- Ladysmith
- Municipality
- Ladysmith
Interior
- Fireplace
- No
Building and exterior
- Building area
- 7,066 square feet
More
- Business type
- Accommodation, Restaurant
Location
Location is approximate. See nearby homes on the map
Listed by RE/MAX Masters Realty.
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