2225 Nicola Avenue, Merritt
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:1945)
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Property details for 2225 Nicola Avenue, Merritt
- Type
- Commercial
- Lot Size
- 0.55
- Parking
- Other
- Heating
- See remarks
- Ownership
- Freehold
- Annual Taxes
- $10,992
Nearby Listings Stat
Estimated price and comparable properties near 2225 Nicola Avenue
Active Listings
109
Min Price
$89,000
Max Price
$2,599,000
Avg Price
$504,927
Days on Market
140
days
Sold Listings
32
Min Sold Price
$60,000
Max Sold Price
$1,395,000
Avg Sold Price
$484,539
Days until Sold
122
days
Price History
Listed
September 4, 2025
by RE/MAX Legacy
Current Price
$1,300,000
-13.3% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $1,300,000 | $200,000 (-13.3%) |
| Jul 16, 2026 | $1,500,000 | Listed |