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Leahann Nordin

leahann@nordinhomes.ca +1(604) 880-8499

Listed by Mark Ballard RE/MAX Masters Realty

$ 2,850,000

Est. payment -/mo

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Active

640 1st Ave Ladysmith, BC V9G 1A2

7,066 SqFt

UPDATED:

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

MLS Listing ID 1041717

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

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.

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About Leahann

Two decades of design.
One city she never
stopped calling home.

Leahann Nordin Real Estate Agent · Real Broker B.C. Ltd. · VREB

Victoria-raised and design-educated, Leahann spent two decades working across Vancouver and the Okanagan in luxury residential design, multi-family development, and large-scale renovation before returning home. She brings a designer's eye and a project manager's discipline to every transaction — so nothing falls through the cracks and nothing feels rushed.

Read Her Story

Client Reviews

What people say about Leahann.

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We have known Leahann as a professional in the real estate business for more than 20 years. She has given us her assistance in buying, selling, and staging our homes. Your skills and work ethic deserve all the success in the world.

Jeannette S. · Victoria, B.C.

Leahann is a great interior designer whose skills have translated into a fantastic real estate professional. You could not find a more helpful and idea-filled agent if you tried.

Stephen S. · Victoria, B.C.