REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Mark Ballard RE/MAX Masters Realty
$ 2,850,000
Est. payment | /mo
7,066 SqFt
$ 2,850,000
Est. payment | /mo
7,066 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,066 sqft
Price per Sqft $403
HOA Y/N No
Annual Tax Amount $34,009
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Mixed Use
MLS® Listing ID 1041717
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!
Location
Province BC
County Ladysmith, Town Of
Community Du Ladysmith
Area Duncan
Zoning C-2
Interior
Fireplace No
Exterior
Parking Features On Site
View Y/N No
Street Surface Paved
Garage No
Building
Lot Description Central Location, Easy Access, Shopping Nearby, Sidewalk
Others
Restrictions ALR: No
Ownership Freehold
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
Nearby Locations
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "