$6,250,000
2201 Oak Bay Ave Oak Bay, BC V8S 4T5
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$6,250,000
Est. payment /mo
Price Dropped by $1.0M
2201 Oak Bay Ave Oak Bay, BC V8S 4T5
UPDATED:
09/18/2024 02:55 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 974612
Rental Info Unrestricted
Annual Tax Amount $66,266
Tax Year 2021
Property Description
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.
Location
Province BC
County Capital Regional District
Area Ob South Oak Bay
Exterior
Parking On Site 1
Others
Ownership Freehold
Listed by Equitex Realty Ltd
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