$3,000,000
FOR SALE

Commercial/Retail

640 1st Ave
Ladysmith, BC V9G 1A2

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:47421)
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Listed By Royal LePage Nanaimo Realty LD
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 1026347
Last Updated Feb 18, 2026
Property Summary
Property Type Commercial/Retail

More like this:
Use Restaurant
Neighbourhood Ladysmith
Price History

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Detailed Information
Listing Contract Date 2026-02-18
Municipal ID 005-122-929
Ownership Type Freehold
Property Type Other
Transaction Type For sale
Zoning Description C-2
Zoning Unknown
Business
Business Type Restaurant
Building
Size (Exterior) 7066 square feet
Type Commercial Mix
Land
Total Size 10000 square feet
Size of Irregular Land 10000

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