








1/101976 Voght Street, Merritt, BC V1K1B8
$475,000 total
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Asset Class
Specialty
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
91%
Year Built
1965
Lot Size
0.05 ac
Bring your business ideas to this highly visible commercial location in the heart of downtown Merritt! Offering approximately 3400 sq.ft. of total space, this property provides plenty of room for a variety of business opportunities. The approximately 1700 sq.ft. main floor features an open concept area at the front, with an office and three bathrooms located toward the rear. The additional space provides excellent potential for merchandise storage, inventory, workspace or future business growth. The building received a new torch-on roof and updated facade in 2017, along with renovations and updates to the main floor. Additional features include roof top air conditioning. Conveniently located in the centre of downtown shopping and retail services, this property offers excellent visibility and accessibility. Currently vacant and ready for your ideas - an excellent opportunity to establish or expand your business in downtown Merritt. (id:66811)
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Monthly debt service
$2K
Projected NOI
$30K
Annual cash flow
$4K
Cash-on-cash
2.53%
DSCR
1.14
Going-in cap
6.30%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
130,923
Households
50,160
Median income
$116,000
Median age
36
Daytime population
159,257
5-yr growth
5.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1976 Voght Street, Merritt.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.