For Sale

$3,299,900

640 1st Ave, Ladysmith, BC V9G 1A2

Remarks

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?

Property Summary

  • Neighbourhood: Duncan
  • Annual Tax Amount: $29,356.00 (2024)
  • Lot Frontage: 10000 Square Feet
  • Lot Size: 10000 Square Feet
  • Floor Space (approx): 7066 Square Feet
  • Zoning: C-2

Property Features:

  • Business Type:
    Accommodation , Restaurant/Bar , Retail
  • Ownership:
    Freehold
  • Parking Features:
    On Site
  • Property Sub Type:
    Mixed Use
  • Road Surface Type:
    Paved
Lifestyle
Neighbourhood Info
Brian Phillips

Brian Phillips

Real Estate Agent

Phone:  250.756.1132

Mobile:  250.716.6200

Fax:  250.758.8477

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Royal LePage Nanaimo Realty, Brokerage (Independently owned and operated)

4200 ISLAND HWY NORTH
NANAIMO,  BC V9T1W6

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