1161 Newport Ave
Oak Bay, British Columbia
MLS® 1048129
$2,399,800
- Status
- Active
- Property type
- Office
- MLS® number
- 1048129
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 1911
1 / 44Listing 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.
Property summary
- MLS® number
- 1048129
- Property type
- Office
- Building type
- Offices
- Title
- Freehold
- Land size
- 7200 square feet
- Built in
- 1911
- Annual property taxes
- $21,790.20
- Days on market
- 11 days
What would this home cost you?
Based on the $2,399,800 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX Camosun, Victoria.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.