2151 QUILCHENA Merritt, British Columbia V1K1B8, Merritt home/condo for sale | 175570

Photos

Video

Map

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:26452)

Other located at 2151 QUILCHENA Merritt, British Columbia V1K1B8. 2151 QUILCHENA Merritt, British Columbia V1K1B8 is in the Merritt neighborhood. Merritt, Interior B.C., and Outside Board Area are nearby neighbourhoods.

Listed by: KELLER WILLIAMS REALTY CENTRES Brokerage ROYAL LEPAGE LOCATIONS WEST Oakwyn Realty Ltd.

Property Description

Here to help with your Real Estate inquiries

Message successfully sent!