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$1,949,800

1161 Newport Ave
MLS® NO: 1051589

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.

General

Total SqFt: 4306
Taxes: $21,790
Year Built: 1911

Lot Information

SqFt: 7200
Acres: 0.16

Property Details

Building Type:
Municipality: Oak Bay
Sq. Feet: 7,200

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Listed with:

Dale Sheppard - RE/MAX Camosun
Fax: 250-478-6060

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.