2225 NICOLA Avenue, Merritt

2025-09-04
 

Quick Summary

Location
2225 NICOLA Avenue, Merritt, British Columbia V1K1B8
Price
$1,500,000 CAD
Status:
For Sale
Property Type:
Other
Year of Construction:
1959

MLS®#10361744

Property Description

Development Opportunity – C6 Zoning | Approved for 6 Storeys. This prime corner site in the heart of the city offers a rare opportunity for redevelopment under C6 – City Centre zoning. The property has already been approved for a six-storey building and consists of four contiguous 50’ x 120’ lots, providing ample space for a significant project. With excellent corner exposure, highway frontage, and two additional points of access, this site is ideally positioned for visibility and convenience. There is currently a tenanted home on one of the lots, offering holding income while future plans are underway. Build to Suit options are also available, allowing flexibility for developers or investors to align the project with their vision. C6 zoning allows for a wide range of uses, including multi-unit residential apartments or townhomes, retail, office, food establishments, hotel, and entertainment. With its prime location, zoning flexibility, and strong growth potential, this property represents an exceptional opportunity to secure a large, highly visible city center site with outstanding future upside. LISTED BY RE/MAX LEGACY. (id:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Residential Commercial Mix
  • Utility Water: Municipal water

Features

  • Feature: Level lot, Corner Site

Land

  • Land Size: 0.55 ac|under 1 acre
  • Sewer: Municipal sewage system

Ownership

  • Type: Freehold

Information entered by RE/MAX Legacy
Listing information last updated on: 2025-11-12 19:41:44


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$500,000

Your One Percent Realty Commission savings

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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.

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