Michael McKillican - Sutton Logo
$2,850,000
( $403.34Per Sq Foot )
 $15,299 est/mo Sourced by Back At You

640 1st Ave,Ladysmith, BC V9G1A2

Ladysmith, BC V9G1A2

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Description

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:13843)

Details

MLS #1041717
Listing TypeFor Sale
StyleCommercial Mix
StatusActive
Days On Site59
Listing Provided ByRE/MAX Masters Realty | Mark Ballard

Features

SQ Feet7,066
ZoningUnknown
Acreage0.23

Exterior

Lot FeaturesCentral location, Other

Taxes

Tax Annual Amount34009

Area Information

ProvinceBC
CityLadysmith
Postal CodeV9G1A2
Listing VS Median (in V9G1A2)
Price:
$2,850,000
low | high
Med:
$1,749,950
88.598245614035% of Average
sqft:
7,066
low | high
Med:
4,099
91.996886498726% of Average
$ / sqft:
$403
low | high
Med:
$489
28.766758186359% of Average
On site:
59
low | high
Med:
56
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Michael McKillican

Michael McKillican

Sutton Group - West Coast Realty

Sales Representative, Représentant immobilier, Personal Real Estate Corporation Licensing (250) 616-0998mckillican@sutton.com
ProvinceBC
CityLadysmith
Postal CodeV9G1A2
Listing VS Median (in V9G1A2)
Price:
$2,850,000
low | high
Med:
$1,749,950
88.598245614035% of Average
sqft:
7,066
low | high
Med:
4,099
91.996886498726% of Average
$ / sqft:
$403
low | high
Med:
$489
28.766758186359% of Average
On site:
59
low | high
Med:
56
100% of Average
Sourced by Back At You
Listing Updated: July 17, 2026 at 3:13:59 PM PDT