
















1/181999 Voght Street, Merritt, BC V1K1B8
$950,000 total
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Asset Class
Specialty
Size
—
Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
95%
Lot Size
0.14 ac
Excellent investment and business opportunity in a highly visible downtown location. This two storey commercial building offers over 4800 sq.ft. across the main and upper floors, plus approximately 1800 sq.ft. of basement space ideal for additional storage. The main floor is currently leased to a quality tenant on a triple-net lease, providing an established income stream. The upper floor features two large open rooms, an office and 3 bathrooms, making it well suited for a dance or fitness studio, professional offices, or a variety of other commercial uses. There may also be potential to convert the upper floor into residential units, subject to zoning and required approvals. Situated on a prominent corner lot near the main post office and downtown retail and office district, this property benefits from good visibility and pedestrian traffic. Two rooftop A/C units provide cooling for the building. A versatile property offering income, substantial space and plenty of possibilities for future use. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$4K
Projected NOI
$74K
Annual cash flow
$21K
Cash-on-cash
7.41%
DSCR
1.40
Going-in cap
7.77%
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
143,784
Households
51,560
Median income
$89,000
Median age
45.1
Daytime population
187,769
5-yr growth
3.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1999 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.