$1,300,000
2225 NICOLA Avenue, Merritt V1K1B8
Built 1959
Detached
Listed by: REMAX Legacy.
A clearer picture before you buy
Unlock listing timeline & local insights
See how long this home has been listed and explore local market insights.
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:66934)
Location
Approximate location supplied by the listing data provider.
Features
Parking: Other
Structure: Residential Commercial Mix
Annual Taxes: $10,992
Lot Size: 0.55
Property Details
| Property Type | Detached |
|---|---|
| Sub Type | Other |
| Lot Size | 1 sq ft |
| Year Built | 1959 |
| Listing ID | 10361744 |
Similar Listings You May Like
$1,297,000
2328 Willgoose Road, Merritt
Listed by: Coldwell Banker Executives Realty
$1,499,000
502 Marshall Road, Merritt
Listed by: eXp Realty (Kelowna)
$1,099,000
111 Veale Road, Merritt
Listed by: Royal LePage Merritt R.E. Serv
$1,297,000
2328 Willgoose Road, Merritt
Listed by: Coldwell Banker Executives Realty
$1,125,000
345 COLDWATER Road, Merritt
Listed by: Century 21 Assurance Realty Ltd.
$1,188,800
#21, 6528 Waterside Trail, Merritt
Listed by: Royal LePage Little Oak Realty
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data is provided under copyright by CREA's Data Distribution Facility and is deemed reliable but is not guaranteed accurate by CREA or FlatKey Realty Ltd.
This website and its contents are not intended to solicit buyers or sellers currently under contract with another real estate brokerage.