Merritt, BC V1K1B8,2151 QUILCHENA Avenue
Merritt, BC V1K1B8,2151 QUILCHENA Avenue
Merritt, BC V1K1B8,2151 QUILCHENA Avenue
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$849,000
Est. payment /mo
6,098 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Merritt

MLS® Listing ID 175570

Originating Board Association of Interior REALTORS®

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Freehold

Property Description

PRICE REDUCED TO $849,000 Discover the endless possibilities with this prime commercial building located in the heart of downtown Merritt. This well-maintained and upgraded property offers significant revenue potential, making it an exceptional investment opportunity with a projected 9% cap rate. Property Features: The Main Floor Offers: o4,000 sq ft of versatile space, previously home to the popular Brambles Bakery & Cafe. oEquipped with much of the commercial kitchen equipment, ideal for a restaurant setup. oSeparate 800 sq ft room at the front, perfect for conversion into its own commercial space. oVacant and ready for immediate rental or occupancy. oMarket rent: $3,500 per month. •Upstairs Units: oTwo 750 sq ft two-bedroom apartments. Both units are occupied by reliable tenants on month-to-month leases. oOne unit has been recently renovated. oMarket rent for each unit: $1,500 per month. Highlights: •Prime Location: Situated in downtown Merritt. (id:24570)

Location

Province BC

Zoning Unknown

Rooms

Kitchen 0.0

Interior

Heating No heat

Exterior

Parking Features No

View Y/N No

Private Pool No

Building

Sewer Municipal sewage system

Others

Ownership Freehold


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Listed by Oakwyn Realty Ltd.

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Shaad Bakhtyar

+1(604) 690-7653

Founder | Residential & Land Assembly Specialist

Founder | Residential & Land Assembly Specialist

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