640 1st Ave, LADYSMITH

2026-06-27

640 1st Ave, LADYSMITH, British Columbia

For Sale Other
$2,850,000

MLS®#1041717

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)

Building Other
Rooms
Bedrooms
Bathrooms 0
Square Footage 0 ft²
Built in
Parking Type
Neighbourhood LADYSMITH

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

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$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent?

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!

Q.
What do you charge?

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

Q.
Are your listings on MLS® and realtor.ca?

Yes, and yes.

Learn more about the 1% Deal
Per
Per Dahlstrom

REALTOR®

oneper@shaw.ca

(250) 732-3137

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 worked with One Percent Realty since it was established on Vancouver Island. Since you work hard for your money, I strongly believe One Percent Realty is the best value real estate service available bar none. With Full MLS...
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