We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
640 1st Ave, LADYSMITH
2026-06-27
Quick Summary
- Location
- 640 1st Ave, LADYSMITH, British Columbia V9G1A2
- Price
- $2,850,000
- Status:
- For Sale
- Property Type:
- Other
MLS®#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! Please do not contact the staff directly (id:32467)
Property Features
Building
- Fireplace: No
- Building Type: Commercial Mix
Features
- Feature: Central location, Other
Land
- Land Size: 10048 sqft
Ownership
- Type: Freehold
Zoning
- Description: C-2
Information entered by RE/MAX Masters Realty
Listing information last updated on: 2026-06-26 23:32:30
Book your free home evaluation with a 1% REALTOR® now!
How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
Send a Message
One Percent Realty's top FAQs
Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
Yes, and yes.
Learn more about the One Percent Realty Deal
Per Dahlstrom REALTOR®
- Phone:
- (250) 732-3137
- Mobile:
- (250) 732-3137
- Email:
- oneper@shaw.ca
- Support Area:
- Duncan, Cowichan Bay, Mill Bay, Ladysmith, Chemainus, Cowichan Lake, Crofton, Shawnigan Lake, Lake Cowichan, Youbou, Honeymoon Bay, Saltair, Cobble Hill, Langford, Malahat, Cedar, Mill bay
Your local Cowichan Valley and area Real Estate professional. Licensed since 2003, I have worke ...
Full ProfileJoe Squire REALTOR ® MBA
- Phone:
- (250) 802-5899
- Mobile:
- (604) 626-9259
- Email:
- joe@joesquire.com
- Support Area:
- Nanaimo, Cedar, Lantzville, Ladysmith, Saltair, Nanoose, Old City, North Nanaimo, South Nanaimo, Central Nanaimo, Departure Bay, Hammond Bay, Diver Lake, Extension, Chase River, Pleasant Valley
Professional Nanaimo Real Estate Sales & Marketing: Specializing in Nanaimo and the Central I ...
Full ProfileKarelyn Campbell REALTOR®
- Phone:
- 250-618-8213
- Email:
- mynanaimohome@gmail.com
- Support Area:
- Nanaimo, Ladysmith, Lantzville
Nanaimo Real Estate Specialist!Karelyn is a second generation real estate agent serving the Nanaimo ...
Full Profile