- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 944753
- Photos (9)
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The Bell Block is the oldest commercial property in Oak Bay, built by
George Bell in 1913. Mr. Bell sold the property to Oak Bay resident
Richard Richards in 1927, and it has remained in the same family for
four generations. This Oak Bay Village keystone is now available to
qualified buyers for the first time in nearly a century. This property
generates substantial income from 6 commercial units at street level,
and 8 residential apartment units on the upper floor. Maintenance on the
property is up to date including a newer roof (2010), and updates over the
last decade including electrical wiring, new boiler, asbestos removal,
refurbishing of apartment units, many upgraded energy efficient windows, parking lot
repaving and more. Further information available only with Signed NDA.
PLEASE DO NOT APPROACH TENANTS. (27050496)
- 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
- Commercial Area:
- Core (excl Downtown)
- Fireplace:
- No
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Clear title
- 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:
- Sep 25, 2023
- Original Price:
- 8250000.0
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Listed by Equitex Realty Ltd
Data was last updated November 28, 2023 at 10:05 PM (UTC)
- JOHNNY OLARTE
- RE/MAX CAMOSUN
- 1 (250) 7443301
- Contact by Email
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