$2,399,800 - ML# 1048129
1161 Newport Ave
Oak Bay - OB South Oak Bay

This is only a guide. Please verify this information with your mortgage specialist.

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.

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Freehold 
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Includes Building:
No 
Includes Business:
No 
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No 
Sale/Lease Type:
Sale Price,See Remarks 
Possession:
Subject to Tenancy 
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Taxes:
$21,790.20 (2026) 
Year Built:
1911 
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Lot Information

SqFt:
7200 
Acres:
0.16 
Total SqFt:
4306 
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Listed with:

RE/MAX Camosun

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