2151 Quilchena Avenue, Merritt, BC, V1K 1B8 - commercial for sale | Listing ID 175570

2151 QUILCHENA Avenue, Merritt, British Columbia, V1K 1B8

MLS® # 175570

Commercial For Sale In Merritt, British Columbia

$849,000

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2151 QUILCHENA Avenue, Merritt, British Columbia, V1K 1B8

$849,000

Property Information:

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:27)

Building Features:

Building Type: Other
Heating Type: No heat

Property Features:

OwnershipType: Freehold
Property Type: Other
Zoning Type: Unknown
Sewer: Municipal sewage system

Courtesy of: Oakwyn Realty Ltd.

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Market Price Trends

Location of 2151 QUILCHENA Avenue, Merritt, British Columbia, V1K 1B8

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

24 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

13 storms expected in 2050

Projected Heat Risk: Moderate

24 hot days expected in 2050

40/100

Moderate

ClimateCheck®

Current data

This property, 2151 QUILCHENA Avenue , experiences 7 hot days per year at around 31.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 24 hot days at 34.8 degrees Celsius.

Projected Avg. Temperature

Past

31.2℃

2050

34.8℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

13 storms expected in 2050

25/100

Moderate-Low

ClimateCheck®

Current data

This property, 2151 QUILCHENA Avenue , experiences 12 significant 2-day storms per year, with about 153mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 169.9mm of precipitation per year.

Precipitation Per Storm

Past

153mm

2050

169.9mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 2151 QUILCHENA Avenue, Merritt, British Columbia, V1K 1B8

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$114,729.16

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.5 %

High school certificate or equivalent

34.53 %

Apprenticeship trade certificate/diploma

9.23 %

College/non-university certificate

22.93 %

University certificate (below bachelor)

0.78 %

University Degree

6.03 %

Commuter

Travel To Work

By Car

74.51 %

By Public Transit

0.0 %

By Walking

18.06 %

By Bicycle

3.92 %

By Other Methods

3.51 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.95 %

Houses

84.05 %

Own Vs. Rent

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Property Information:

Building Features:

Property Features:

Market Price Trends

Location of 2151 QUILCHENA Avenue, Merritt, British Columbia, V1K 1B8

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 2151 QUILCHENA Avenue, Merritt, British Columbia, V1K 1B8

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

2151 QUILCHENA Avenue, Merritt, British Columbia, V1K 1B8

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing

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