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640 1st AveLadysmith, BC
$2,850,000
OtherCommercial Mix
Area
7,066 sqft
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:67651)
OwnershipFreehold
Postal CodeV9G1A2
ZoningC-2
Annual Tax$34,009
FeaturesCentral location, Other
Neighbourhood & Lifestyle
Area
Explore Ladysmith, BC
ExploreSchools
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Open official siteAmenities
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