1161 Newport Ave, Oak Bay, BC V8S 5E6
1161 Newport Ave, Oak Bay, BC V8S 5E6
1161 Newport Ave, Oak Bay, BC V8S 5E6
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Listed by Dale Sheppard RE/MAX Camosun
$2,399,800
Est. payment /mo
4,306 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 4,306 sqft

Price per Sqft $557

MLS Listing ID 1048129

HOA Y/N No

Year Built 1911

Annual Tax Amount $21,790

Tax Year 2026

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Office

Property Description

Desirable South Oak Bay location, across the street from Windsor Park, and a block from the ocean. Rarely does a C-2 commercial opportunity like this come up for sale. Original character home built in 1911, is nicely updated and has 3 bedrooms. The commercial section at the front facing Newport Ave was built later with great visibility. Lower level of home has 1 bedroom suite. Total size is approximately 4300 sq/ft. Commercial space currently leased to one tenant and is approximately 3550 sq/ft. which includes the original home and the front Commercial office space. The lower level suite is not part of the lease, and is about 760 sq/ft. Large 7200 sq/ft lot. Nice updates throughout the commercial space and house. Great future potential for a work/live arrangement as house could be separated from commercial building at front, and it has it's own address and separate side entrance. Also a great future redevelopment property.

Location

Province BC

County Capital Regional District

Community Ob South Oak Bay

Area Oak Bay

Zoning C-2

Interior

Fireplace No

Exterior

View Y/N No

Street Surface Paved

Garage No

Others

Ownership Freehold

Virtual Tour https://vimeo.com/showcase/12394963/video/1223903490


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Janie Chandler

Janie Chandler

+1(250) 891-4247

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