640 1st Ave, Ladysmith

Type: Commercial
Added: 5 months ago
Updated: 5 months ago
Last Checked: 12 hours ago
Listed by: Royal LePage Nanaimo Realty LD
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Listing description
This Commercial listing at 640 1st Ave Ladysmith, BC with the MLS Number 993356 listed by Lorne Gait - Royal LePage Nanaimo Realty LD on the Ladysmith market 5 months ago at $3,299,900.

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? For more information or a viewing, let's Get in Touch . Lorne at 250-618-0680. (id:1945)

Property Details Key information about 640 1st Ave

Structure Type: Commercial Mix

Exterior & Lot Features Learn about the exterior and lot specifics of 640 1st Ave

Lot Size Units: square feet
Lot Size Dimensions: 10000

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Nearby Listings Stat Estimated price and comparable properties near 640 1st Ave

Active listings

Min Price

$230,000

Max Price

$3,299,900

Avg Price

$810,680

Days on Market

64 days

Sold listings

Min Sold Price

$239,900

Max Sold Price

$2,685,000

Avg Sold Price

$792,736

Days until Sold

65 days

Nearby Places Nearby schools and amenities around 640 1st Ave

In The Bean Time (0.1 km)
18 High St, Ladysmith

Tim Hortons (0.5 km)
1115 1st Ave, Ladysmith

Holiday House Motel (0.2 km)
540 Esplanade, Ladysmith

The Wigwam Restaurant (0.2 km)
438 1st Ave, Ladysmith

Roberts Street Pizza (0.3 km)
20 Roberts St, Ladysmith

The 49th Cafe (0.4 km)
1020 1st Ave, Ladysmith

Safeway (2 km)
370 Trans-Canada Hwy, Ladysmith

Timberland Pub (7.2 km)
1680 Timberlands Rd, Ladysmith

Nanaimo Airport (7.4 km)
3350 Spitfire Rd, Cassidy

Roberts Memorial Provincial Park (8.1 km)
Ladysmith

WildPlay Nanaimo (9.8 km)
35 Nanaimo River Rd, Nanaimo

Price History

Listed

March 27, 2025

by Royal LePage Nanaimo Realty LD

Commercial For Sale