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$3,299,900

Est. payment - /mo

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10,018 Sqft Lot

Active

640 1st Ave Ladysmith, BC V9G 1A2

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Kyle Kerr

kyle@initiumre.com +1(250) 818-5595

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 993356

Rental Info Unrestricted

Annual Tax Amount $29,356

Tax Year 2024

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

Area Du Ladysmith

Zoning C-2

Exterior

Parking On Site 1

Others

Tax ID 005-122-929

Ownership Freehold

Listed by Royal LePage Nanaimo Realty LD

I have bought a house with Kyle Kerr as my realtor and it was a smooth professional experience. I specifically like working with a realtor like him who responds fast and communicates clearly to any questions I have promptly. He was also my realtor for the sale of my condo recently and the photographer was great and I had wonderful pictures. It sold above listing price within a day and his staff were also in contact to assist in this transaction

+1(250) 818-5595

info@initiumre.com

505 Dalton St, Victoria, V9A, 4B1