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2201 Oak Bay Ave
OB South Oak Bay Oak Bay V8S 4T5

$6,250,000
Commercial Sale

Main Photo: 2201 Oak Bay Ave in Oak Bay: OB South Oak Bay Mixed Use for sale : MLS®# 974612
Photo 1: 2201 Oak Bay Ave in Oak Bay: OB South Oak Bay Mixed Use for sale : MLS®# 974612
Photo 2: 2201 Oak Bay Ave in Oak Bay: OB South Oak Bay Mixed Use for sale : MLS®# 974612
Photo 3: 2201 Oak Bay Ave in Oak Bay: OB South Oak Bay Mixed Use for sale : MLS®# 974612
Photo 4: 2201 Oak Bay Ave in Oak Bay: OB South Oak Bay Mixed Use for sale : MLS®# 974612
Photo 5: 2201 Oak Bay Ave in Oak Bay: OB South Oak Bay Mixed Use for sale : MLS®# 974612
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
974612
This historic property, known by locals as the Bell Block, is located in the heart of bustling Oak Bay Village. For the first time in almost a century this iconic building is on the market. Six successful and established commercial units at street level and 8 residential apartment units on the upper floor generate substantial income. The property has been well maintained; recent updates include a newer roof (2010), newer electrical wiring, new boiler, asbestos removal, refurbishing of apartment units, many upgraded energy efficient windows, parking lot repaving and extensive brick repointing. Decommissioned above oil tanks have been removed recently. Further information available only with signed NDA. Please do not approach tenants.
Property Type:
Commercial Sale
Type:
Mixed Use
Commercial Type:
Building
Lease Type:
Sale Price
Listing General Location:
OB South Oak Bay, Oak Bay
Bathrooms:
- (Full:-/Half:-)
Taxes:
$66,266 / 2021
Total Building Area:
12,766 sq. ft.
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
5957000.0
Assessment year:
2021
Jurisdiction name:
District of Oak Bay
Legal Description:
Lot 1, Section 23, Victoria District, Plan 1292
Parking Features:
On Site
Total Units:
14
Date Listed:
Aug 30, 2024
Original Price:
7250000.0
  • Photo 1: 2201 Oak Bay Ave in Oak Bay: OB South Oak Bay Mixed Use for sale : MLS®# 974612
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  • Photo 5: 2201 Oak Bay Ave in Oak Bay: OB South Oak Bay Mixed Use for sale : MLS®# 974612
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Listed by Equitex Realty Ltd
Data was last updated November 23, 2024 at 02:05 AM (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.