Multi-Family
1500 Willow Crescent
Willow Ave, Merritt, BC V1K 1L4
Listing Price: $6,015,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 1500 Willow Crescent, Merritt, British Columbia (the “Subject Property”). Part of a 16.36-acre multi-residential subdivision, the Subject Property offers 16.36 acres of MR5 zoned development land. Developers and investors have the opportunity to develop 91 mobile/modular pads, 106 townhouses and 240 multifamily units nearby the new Windy Canyon Park (50 acres hiking and mountain bike park).
Merritt continues to emerge as a strategic hub at the intersection of the Coquihalla Highway and Okanagan Connector, offering seamless access to Metro Vancouver, Kelowna, and Kamloops, while benefiting from strong tourism, a growing post-secondary presence, and extensive outdoor recreation.
1500 Willow Crescent
Investment Highlights
- Located at the junction of Highways 5, 8, and 97C, Merritt serves as a key transportation and distribution node between the Lower Mainland and the Okanagan.
- Home to the Nicola Valley Institute of Technology, offering trades and university level programs that support a growing skilled workforce.
- A major seasonal destination with large regional events and extensive outdoor recreation, drawing significant visitor volumes throughout the warmer months.
- Transportation & logistics, manufacturing, construction, agriculture, retail, and tourism.
- Total population of 7,051 (2021 census), and a balanced demographic mix with a median age of 46–49 and strong representation across working age and senior cohorts.
Exclusively Listed By
Listing Price: $6,015,000
Investment Highlights
- Located at the junction of Highways 5, 8, and 97C, Merritt serves as a key transportation and distribution node between the Lower Mainland and the Okanagan.
- Home to the Nicola Valley Institute of Technology, offering trades and university level programs that support a growing skilled workforce.
- A major seasonal destination with large regional events and extensive outdoor recreation, drawing significant visitor volumes throughout the warmer months.
- Transportation & logistics, manufacturing, construction, agriculture, retail, and tourism.
- Total population of 7,051 (2021 census), and a balanced demographic mix with a median age of 46–49 and strong representation across working age and senior cohorts.
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire 1500 Willow Crescent, Merritt, British Columbia (the “Subject Property”). Part of a 16.36-acre multi-residential subdivision, the Subject Property offers 16.36 acres of MR5 zoned development land. Developers and investors have the opportunity to develop 91 mobile/modular pads, 106 townhouses and 240 multifamily units nearby the new Windy Canyon Park (50 acres hiking and mountain bike park). Merritt continues to emerge as a strategic hub at the intersection of the Coquihalla Highway and Okanagan Connector, offering seamless access to Metro Vancouver, Kelowna, and Kamloops, while benefiting from strong tourism, a growing post-secondary presence, and extensive outdoor recreation.
Exclusively Listed By
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