Hotels for Sale — Merritt, BC
$1,800,000
2697 Nicola Avenue, Merritt, BC V1K1B8
Property details
Structured details
- Ownership
- Freehold
- Annual property tax
- $6,000
- Lot dimensions
- 0.25
- Structure type
- Other
- Parcel ID (PID)
- 011-636-521
- Utilities
- Sewer, Electricity, Telephone
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Listing Information
- MLS®
- 10396244
- Listed
- July 29, 2026
- Time on market
- 47 days
- Data last synced
- September 15, 2026
- Source
- CREA DDF®
Description
By appointment only. Do not approach staff, guests, or the Seller. Direct contact with the Seller is strictly prohibited. All enquiries, showings, and requests for financial information must be arranged through the listing agents. NDA required prior to release of confidential information. Please allow reasonable notice for showings. Measurement Disclaimer: All measurements, dimensions, and information are approximate. Neither the Seller nor the Listing Brokerage warrants their accuracy. A rare opportunity to own a well-established 14-unit motel in the heart of Merritt, complete with a 3-bedroom owner/manager residence. Ideally located with easy highway access and excellent visibility, this turnkey property offers a proven mix of monthly and daily rentals, making it an ideal investment for owner-operators. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,800,000 asking price.
Financing details
- Monthly debt service
- $17,471
- Cash required at close
- $385,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Merritt)
- Population
- 7,051(-1.2% since 2016)
- Population density
- 270.8/km²
- Median household income
- $70,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 13.2%
- Postsecondary below bachelor's
- 33.0%
- High school diploma
- 31.7%
- No certificate/diploma
- 22.1%
Population aged 15 and over.
Commute
- Car, truck or van
- 87.8%
- Public transit
- 0.6%
- Walked
- 9.0%
- Bicycle
- 1.3%
- Other
- 1.5%
Commute duration
- Under 15 min
- 71.0%
- 15–29 min
- 14.7%
- 30–44 min
- 3.4%
- 45–59 min
- 4.4%
- 60+ min
- 6.3%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (1)
- Chloe's Diner · 2701 Nicola Avenue41m
Nearby places data: © OpenStreetMap contributors.
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All in Merritt →Frequently asked questions
What is the asking price for this hotel?
The asking price is $1,800,000.
Where is this business located?
This listing is located in Merritt, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 15, 2026.