2225 Nicola Avenue, Merritt, British Columbia V1K 1B8

Listed for:
$1,500,000
0 beds
0 baths
Listed 75 days ago
Residential Commercial Mix for rent: 2225 Nicola Avenue, Merritt, British Columbia V1K 1B8

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Learn more about this property
Listing provided by:
RE/MAX Legacy
MLS® number:
10361744
Agent:
Janis Post
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About

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:27476)

Property Highlights

MLS® Number
10361744
Type
Other
Ownership Type
Freehold
Land Size
0.55 ac|under 1 acre

Building

Building Type
Residential Commercial Mix
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
See remarks
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location