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Main Photo: 2151 QUILCHENA Avenue in Merritt: Other for sale : MLS®# 175570
Photo 1: 2151 QUILCHENA Avenue in Merritt: Other for sale : MLS®# 175570
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Photo 35: 2151 QUILCHENA Avenue in Merritt: Other for sale : MLS®# 175570
Status:
Active
Prop. Type:
Other
MLS® Num:
175570
Bus Minor:
Restaurant/fast food
Build. Type:
Other
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:2493)
Property Type:
Other
Common Interest:
Freehold
Total Living Area:
0 sq. ft.
Transaction Type:
For sale
Zoning:
Unknown
Ownership Type:
Freehold
Taxes:
$7,877 / -
Community:
Merritt
Minor Business Type:
Restaurant/fast food
Structure Type:
Other
Half Bathrooms:
0
Fireplace:
No
Heating:
No heat
Water:
Municipal water
Sewer:
Municipal sewage system
Acreage:
No
Lot Size:
6,098 sq. ft.
Lot Size:
6000 sqft
Lot Details:
0.14
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Listed by Oakwyn Realty Ltd.
Data was last updated January 5, 2025 at 06:45 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,500,000
Min list price:
$145,000
Max list price:
$9,999,000
Avg days on market:
228
Min days on market:
24
Max days on market:
433
These statistics are generated based on the current listing's property type and located in Merritt. Average values are derived using median calculations.

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