2225 Nicola Avenue Merritt, British Columbia V1K 1B8

  • 2225 Nicola Avenue, Merritt, British Columbia  V1K 1B8 - Photo 1 - 10361744
  • 2225 Nicola Avenue, Merritt, British Columbia  V1K 1B8 - Photo 2 - 10361744
  • 2225 Nicola Avenue, Merritt, British Columbia  V1K 1B8 - Photo 3 - 10361744
  • 2225 Nicola Avenue, Merritt, British Columbia  V1K 1B8 - Photo 4 - 10361744
  • 2225 Nicola Avenue, Merritt, British Columbia  V1K 1B8 - Photo 5 - 10361744
  • 2225 Nicola Avenue, Merritt, British Columbia  V1K 1B8 - Photo 6 - 10361744
  • 2225 Nicola Avenue, Merritt, British Columbia  V1K 1B8 - Photo 7 - 10361744

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See Remarks Level

$1,300,000

Development Opportunity – C6 Zoning | Approved for 6 Storeys. This prime corner site in the heart of the city offers a rare opportunity for redevelopment under C6 – City Centre zoning. The property has already been approved for a six-storey building and consists of four contiguous 50’ x 120’ lots, providing ample space for a significant project. With excellent corner exposure, highway frontage, and two additional points of access, this site is ideally positioned for visibility and convenience. There is currently a tenanted home on one of the lots, offering holding income while future plans are underway. Build to Suit options are also available, allowing flexibility for developers or investors to align the project with their vision. C6 zoning allows for a wide range of uses, including multi-unit residential apartments or townhomes, retail, office, food establishments, hotel, and entertainment. With its prime location, zoning flexibility, and strong growth potential, this property represents an exceptional opportunity to secure a large, highly visible city center site with outstanding future upside. LISTED BY RE/MAX LEGACY. (id:64133)


  • Property Details

    MLS® Number 10361744
    Property Type Other
    Neigbourhood Merritt
    Features Level Lot, Corner Site
  • Building

    Constructed Date 1959
    Heating Type See Remarks
    Roof Material Asphalt Shingle
    Roof Style Unknown
    Type Residential Commercial Mix
    Utility Water Municipal Water

    Parking

    Other
  • Land

    Access Type Easy Access, Highway Access
    Acreage No
    Current Use Mixed Use
    Landscape Features Level
    Sewer Municipal Sewage System
    Size Irregular 0.55
    Size Total 0.55 Ac|under 1 Acre
    Size Total Text 0.55 Ac|under 1 Acre
  • Utilities

    Electricity Available
    Natural Gas Available
    Sewer Available
    Water Available

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.


  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!


  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.