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.
Address
1161 Newport Ave
List Price
$2,399,800
Property Type
Commercial Sale
Type of Dwelling
Office
Transaction Type
Sale
Area
Oak Bay
Sub-Area
OB South Oak Bay
Lot Size
7200 Sq. Ft.
Lot Size (Acres)
0.16 Ac.
Year Built
1911
MLS® Number
1048129
Listing Brokerage
RE/MAX Camosun
Postal Code
V8S 5E6
Tax Amount
$21,790.20
Tax Year
2026
