640 1st Ave$2,850,000
Property 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!
Property Details
- Property ID:31662794
- Price:$2,850,000
- Property Type:Commercial Sale
- Lot Size:10048.00 sq ft
- Status:Active
- City:Ladysmith
- State/Province:BC
- Postal Code:V9G 1A2
Condition
- 3 Bedrooms
- 2 Bathroom
- 1 Garage
- 1 Balcony
- 4800 sq ft
- TV
Features
- Air conditioning
- Wifi
- Swimming Pool
- Double Bed
- Balcony
- Telephone
- Garage
- Parking
- TV
- Home Theater
- Alarm
- Garage
- Gym
- Electric Range
- Private space
Floor Plans
| Size | Rooms | Bathrooms |
| 1600 | 3 | 2 |
Property Vedio
Property Location
Related Properties
- Area3600 Sqft
- Beds 3
- Baths 2
- Garage 1
- Area3600 Sqft
- Beds 3
- Baths 2
- Garage 1
Recent Properties
Beautiful Single Home
Feb 27, 2020 | $1045,000
Sweet Family Home
Mar 14, 2020 | $944,000
Real Luxury Villa
Apr 14, 2020 | $1420,000
Sell Your Property
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut tortor dui, scelerisque ac nisi
Register Now
