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Listed by Lorne Gait Royal LePage Nanaimo Realty LD
$ 3,299,900
Est. payment /mo
Active
640 1st Ave Ladysmith, BC V9G 1A2
7,066 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,066 sqft
Price per Sqft $467
MLS Listing ID 993356
HOA Y/N No
Annual Tax Amount $29,356
Tax Year 2024
Lot Size 10,018 Sqft
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
Exterior
View Y/N No
Street Surface Paved
Garage No
Building
Locker No
Others
Ownership Freehold