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Dale Kroppmanns
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1161 Newport Ave in Oak Bay: OB South Oak Bay Office for sale : MLS®# 1051589

1161 Newport Ave Oak Bay V8S 5E6 : OB South Oak Bay

Main Photo: 1161 Newport Ave in Oak Bay: OB South Oak Bay Office for sale : MLS®# 1051589banner
$1,949,800
Prop. Type:
Commercial Sale
MLS® Num:
1051589
Status:
Active
Year Built:
1911
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 Type:
Commercial Sale
Type:
Office
Commercial Type:
Building, Land
Year built:
1911 (Age: 115)
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
OB South Oak Bay, Oak Bay
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure7,200 sq. ft.
Taxes:
Ceiling Heights:
Switch units of measure
Total Building Area:
Switch units of measure4,306 sq. ft.
Commercial Area:
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Oak Bay
Legal Description:
Zoning:
C-2
Units in Building:
Units in Community:
Total Units:
Date Listed:
Oct 05, 2026
Original Price:
2199800.0
Listed by RE/MAX Camosun
Data was last updated October 14, 2026 at 12:05 PM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.