$1,800,000

2697 Nicola Avenue, Merritt V1K1B8

6,600 Sq Ft Built 1994

Detached

Listed by: Nationwide Realty Corp..

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Description

By appointment only. Do not approach staff, guests, or the Seller. Direct contact with the Seller is strictly prohibited. All enquiries, showings, and requests for financial information must be arranged through the listing agents. NDA required prior to release of confidential information. Please allow reasonable notice for showings. Measurement Disclaimer: All measurements, dimensions, and information are approximate. Neither the Seller nor the Listing Brokerage warrants their accuracy. A rare opportunity to own a well-established 14-unit motel in the heart of Merritt, complete with a 3-bedroom owner/manager residence. Ideally located with easy highway access and excellent visibility, this turnkey property offers a proven mix of monthly and daily rentals, making it an ideal investment for owner-operators. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Parking: Other, Additional Parking

Structure: Other

Annual Taxes: $6,000

Lot Size: 0.25

Property Details

Property Type	Detached
Sub Type	Hospitality
Living Area	6,600 sq ft
Lot Size	0 sq ft
Year Built	1994
Listing ID	10396244

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2697 Nicola Avenue, Merritt
MLS® 10396244 · $1,800,000

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Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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