1502 Coldwater Avenue, Merritt
Bring your vision to life at this former corner store in the heart of Merritt, where commercial opportunity and residential flexibility come together on a high-exposure corner lot. Previously operating as a neighborhood convenience store with a residence in the rear, this mixed-use property offers endless potential for entrepreneurs, investors, or anyone looking to create a unique live/work space. Located near Merritt Secondary School and surrounded by established residential neighbourhoods, this property benefits from excellent visibility and a location that has long served the local community. The building has been stripped back to the subfloor and is awaiting new drywall, providing a blank canvas for the next owner to design and finish according to their needs and vision. Significant updates have already been completed, including two separate electrical panels and meters, two newer furnaces, two newer hot water tanks, and a newer roof & A/C. Whether you're dreaming of opening a business, creating rental income, developing a live/work concept, or restoring this property to become a community staple once again, the foundation is here to make it happen. Opportunities like this don't come along often. Bring your ideas, roll up your sleeves, and unlock the potential of this unique mixed-use property in one of Merritt's most accessible locations. (id:62865)
Status
Active
Year Built
1950
Property Type
House
Ownership
Freehold
Annual Tax
$2,692
Parcel Number
011-720-298
Data Source
Association of Interior REALTORS®
Bedrooms
3
Bathrooms
2
Living Area
2438 square feet
Architectural Style
Ranch
Lot Size
0.13 acres
Exterior Features
Roof
Other,Unknown
Heating
Forced air, See remarks
Cooling
Central air conditioning
Water Source
Municipal water
Sewer
Municipal sewage system
$499,900
Office
Canada Flex Realty Group
Loan Amount:
$399,920
Estimated Monthly Payment:
$1,949
This is an estimate for informational purposes only. Consult with a financial advisor.
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