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- Price$849,000
- Acres0.14
2151 Quilchena Avenue, Merritt
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:6289)
Essential Information
- Listing #175570
- Price$849,000
- Bathrooms0.00
- Acres0.14
- TypeOther
- Sub-TypeOther
Interior
- HeatingNo heat
Listing Details
- Listing OfficeOakwyn Realty Ltd.
Community Information
- Address2151 Quilchena Avenue
- SubdivisionMerritt
- CityMerritt
- ProvinceBritish Columbia
- Postal CodeV1K1B8
Additional Information
- ZoningUnknown
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