For Lease · Specialty

1964 Quilchena Avenue, Merritt

1964 Quilchena Avenue, Merritt, BC V1K1B8

$18 per sq ft / yr

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Asset Class

Specialty

Size

—

Building class

C

Zoning

US — Urban Services

$ / SF

—

Occupancy

90%

Year Built

1978

Lot Size

0 ac

About this property

Prime downtown Merritt commercial property offering an excellent lease opportunity. This versatile building features retail and office spaces, ample on-site parking, and separate utility meters, making it ideal for multiple tenants. Whether you're expanding your business or looking for a mixed-use commercial space, this property offers potential in growing business in a great community. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$18
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$-0

Cash-on-cash

-1.80%

DSCR

0.90

Going-in cap

5.00%

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.

Area demographics

Trade area within 3 miles of the property.

Population

122,050

Households

51,499

Median income

$108,500

Median age

32.9

Daytime population

138,984

5-yr growth

7.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1964 Quilchena Avenue, Merritt.

NDA required
  • 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.