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2151 QUILCHENA Avenue
Merritt British Columbia V1K1B8 Canada

$849,000

Active Listing ID 175570
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$849,000

Active Listing ID 175570
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2151 QUILCHENA Avenue 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:203)

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Property Features

  • Facts
  • Property Sub-type: Other
  • Features
  • Heating Systems: No heat
Listing Changed: 11/13/2024 7:00:18 PM GMT
Source Updated Date: 2/20/2025 4:09:18 AM GMT

Courtesy of: Keith Bickert, Personal Real Estate Corp, Oakwyn Realty Ltd.