The highly anticipated reopening of Ladysmith's Historic First Avenue Hotel property is now seeking proposals for the buildings approx 1,400 SF of commercial lease space. Truly a rare commercial opportunity to have a freshly constructed blank canvas so centrally located & surrounded by complimentary high traffic businesses.
Position your business in the heart of Ladysmith’s vibrant and historic downtown core. Located on iconic First Avenue, recognized as one of Canada’s “Great Streets”, this highly visible ground-floor commercial space offers exceptional exposure, walkability, and charm in one of Vancouver Island’s most beloved communities.
Surrounded by boutique retailers, cafés, galleries, restaurants, and heritage storefronts, the space is ideal for a wide variety of uses including: Boutique retail, restaurant or specialty food concept, wellness or beauty studio, professional office, artisan showroom, hospitality-oriented retail etc.
Address
440 First Ave
Property Type
Commercial Lease
Type of Dwelling
Retail
Transaction Type
Sale
Area
Duncan
Sub-Area
Du Ladysmith
Lot Size
5004 Sq. Ft.
Lot Size (Acres)
0.11 Ac.
MLS® Number
1052788
Listing Brokerage
William Wright Commercial Real Estate Services
Postal Code
V9G 1A9
Tax Amount
$2,604.73
Tax Year
2026
