We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
2151 QUILCHENA AVE, Merritt
2023-11-16
Quick Summary
- Location
- 2151 QUILCHENA AVE, Merritt, British Columbia
- Price
- $849,000
- Status:
- For Sale
- Property Type:
- Business
MLS®#175570
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. oUpstairs 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: oPrime Location: Situated in downtown Merritt, this property boasts high visibility and foot traffic, ensuring a steady flow of potential customers. oFlexible Completion Dates: Tailored to meet your timeline, making the transition smooth and efficient. oSignificant Revenue Potential: With a variety of business opportunities available, this building is an excellent fit for retail, dining, or office space. oIncluded Commercial Assets: A list of commercial assets is available by request. oFinancing Assistance: We can help arrange financing to make your investment more accessible. Don't miss out on this exceptional investment opportunity. Contact us to schedule a showing; please allow 24-hour notice. All measurements are approximate. (id:32467)
Property Features
Building
- Fireplace: No
Features
- Feature: Signs allowed
Land
- Land Size: 6000 sqft
Ownership
- Type: Freehold
Information entered by Oakwyn Realty Ltd.
Listing information last updated on: 2024-08-14 15:08:34
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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