2151 Quilchena Avenue
Merritt, Merritt
$849,000
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Listing 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:39198)
City: Merritt
Neighborhood: Merritt
Rooms
Room dimensions for 2151 Quilchena Avenue, Merritt
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About 2151 Quilchena Avenue, Merritt
Located at 2151 Quilchena Avenue , this Merritt house is available for sale. This property was listed for $849,000 on Wed Nov 13 2024. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . 2151 Quilchena Avenue, Merritt is situated in the Merritt neighbourhood.
MLS#: 175570 · $849,000 · null bedroom house in Merritt, Merritt