






1/81937 Quilchena Avenue, Merritt, BC V1K1B8
$675,000 total
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Asset Class
Specialty
Size
—
Building class
A
Zoning
US — Urban Services
$ / SF
—
Occupancy
83%
Year Built
1977
Lot Size
0.14 ac
Location, location, location! Excellent investment opportunity in the heart of downtown Merritt. This approximately 3500 sq.ft. commercial building offers high visibility, good foot traffic and flexible space for a variety of business uses. One side of the building is currently leased to a quality tenant with a lease in place, providing immediate rental income, while the other side is vacant and ready for your ideas. The available space offers excellent potential for restaurant, professional offices, retail or other commercial uses. Recent improvements include a torch-on roof installed in 2018 and a new building façade completed in 2017. The leased unit features a newer furnace and air conditioning system installed in 2025, while the vacant unit has its own furnace. Heating is forced air natural gas. Whether you’re looking for an investment property with existing income or a downtown location for your own business, this property offers plenty of possibilities. Bring your ideas and take advantage of this great downtown Merritt location. Call the Listing Agent for additional details. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$41K
Annual cash flow
$4K
Cash-on-cash
1.88%
DSCR
1.10
Going-in cap
6.11%
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
62,964
Households
26,970
Median income
$68,500
Median age
43
Daytime population
104,829
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1937 Quilchena Avenue, 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.