Prime Oak Bay frontage offering great redevelopment potential & holding income at a niche location. Corner lot with 70 feet of frontage facing Foul Bay Avenue. 2-storey mixed use building with approximately 3,000 SF per floor. Ground level fully vacant, consisting primarily of a single commercial space plus a ~598 SF 1-bd/1-bath apt at the rear. Commercial space could be restored to original three unit configuration. Angled street parking along Foul Bay Ave. Upstairs has 3 apartments (2 are vacant): two 1-bed/1-bath apartments (one is tenanted), and a ~1,298 SF 2-bed/2-bath suite, all ready for updating and restoration. Seven parking stalls and two garages off rear laneway. C-2 zoning subject to change as Oak Bay OCP & Zoning updates move forward in Q4 2025, expected to increase allowable density & building heights along the Foul Bay transit corridor. Act now to secure your foothold in one of Oak Bay’s most promising growth areas. Call agent for more info. (id:60626)
| MLS® Number | 1011158 |
| Property Type | Other |
| Neigbourhood | Henderson |
| Parking Space Total | 7 |
| Constructed Date | 1954 |
| Size Exterior | 5929 Sqft |
| Type | Commercial Mix |
| Acreage | No |
| Size Irregular | 7000 |
| Size Total | 7000 Sqft |
| Size Total Text | 7000 Sqft |
| Zoning Description | C2 |
| Zoning Type | Unknown |
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