7,066 sqft

C$2,850,000

640 1st Ave, Ladysmith BC, V9G 1A2

Price per sqftC$403.34

Property size7,066 sqft

Property typeCommercial

Courtesy of RE/MAX Masters Realty

Overview

Active

Listed Jun 25, 2026

Updated Jul 18

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!

Additional information

MLS^® ID: 1041717

Interior Features

Basement: No

Exterior Features

Lot Size: 0.23 Acres

Other Property Details

Taxes: $34,009
Tax Frequency: Annually

Courtesy of RE/MAX Masters Realty, Mark Ballard

Listing Contact: 604-341-3147

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