2225 NICOLA Avenue

About this home

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 REMAX Kamloops. (id:66966)

Details

Type

Other

Property tax

$10,992

Neighbourhood

Merritt

Municipality

Merritt

Interior

Fireplace

No

Heating, cooling and services

Heating

See remarks

Water and sewer

Municipal sewage system

Utilities

Water, Sewer, Natural Gas, Electricity

Building and exterior

Year built

1959

Roof

Asphalt shingle

Location

Location is approximate. See nearby homes on the map