$1,300,000

2225 NICOLA Avenue, Merritt

Merritt, Merritt, BC V1K1B8

Single-family home

Listed by REMAX Legacy · Janis Post

About this property

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:67417)

Property details

Price

$1,300,000

MLS® number

10361744

Property type

Single-family home · Residential Commercial Mix · Other

Ownership

Freehold

Lot size

0.55 acres · 0.55

Year built

1959

Annual taxes

$10,992

Community

Merritt, Merritt

Features

Heating

See remarks

Parking

Other

Roof

Asphalt shingle, Unknown

Lot

Level lot, Corner Site

Water

Municipal water

Sewer

Municipal sewage system

Utilities

Water, Sewer, Natural Gas, Electricity

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