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$499,900

1502 Coldwater Avenue, Merritt, British Columbia, V1K 1B2

MLS® # 10392099

3 Beds

Baths

2438  FEETSQ

QuickQuoteTM: $440K - $590K

Merritt BC, V1K 1B2

MLS® # 10392099

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Architectural Style: Rancher
  • Construction Style - Attachment: Detached
  • Exterior Finish: Aluminum siding, Concrete Block
  • Floor Space: 2438 sqft
  • Roof Material: Roof Material
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 3
  • Bathrooms: 2
  • Half Bathrooms: 1
  • Built in: 1950
  • Floor Space (approx): 2438 Square Feet
  • Irregular: Yes
  • Lot Size: 0.13 Acres
  • Sewer: Municipal sewage system

Rooms:

  • Bedroom Main Level 8'2'' x 9'
  • Bedroom Main Level 9'8'' x 9'2''
  • Bathroom Main Level Measurements not available
  • Bathroom Main Level Measurements not available
  • Primary Bedroom Main Level 10' x 12'6''
  • Kitchen Main Level 11' x 10'
  • Living Main Level 17'6'' x 13'

Courtesy of: Canada Flex Realty Group

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Location of 1502 Coldwater Avenue, Merritt, British Columbia, V1K 1B2

Demographic Information of 1502 Coldwater Avenue, Merritt, British Columbia, V1K 1B2

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,882.47

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.21 %

High school certificate or equivalent

34.78 %

Apprenticeship trade certificate/diploma

11.53 %

College/non-university certificate

22.42 %

University certificate (below bachelor)

2.28 %

University Degree

6.79 %

Commuter

Travel To Work

By Car

89.3 %

By Public Transit

0.0 %

By Walking

6.62 %

By Bicycle

0.0 %

By Other Methods

4.08 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent