1725 W 16th Street , Merced, CA 95348

FOR SALE
  • $1,975,000
  • 52 Days on site
  • Beds: n/a
  • Baths: n/a
  • Commercial Building
X
Listing Provided By: Tinetti Realty Group
(209) 384-3885
Listing Agent: Steve Tinetti

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Description

45,176 m/l SF multi-tenanted metal warehouse building located on 3.3 acre parcel and zoned I-L (LIGHT INDUSTRIAL). The southern 8,000 SF portion (i.e. 40' x 200') has a dock high (heavy duty) raised wood floor and the balance of the building is on a concrete dock. Multiple tenants with monthly gross scheduled rents of $21,933 ($263,070 / year). Property listed at 9.33 x Gross Annual Rents & Cap Rate of 7.77%. NOTE THAT THE PROPER-TY LINE ON THE WEST SIDE OF THE PROPERTY IS AT OR VERY CLOSE TO THE WEST WALL OF THE BUILDING (I.E. THE RAILROAD STILL OWNS THE LAND UNDERNEATH THE ABANDONED RAIL SPUR). Storm drainage basin to the north of the Merced Mini-Storage is on the subject property and services the subject property, the Merced Mini-Storage property to the east and the Miles Business Park to the west. All three properties share the expense of maintaining the common storm drainage system that services all three properties.

  • MLS ID# MC18023395
  • Year Built: 1970
  • 52 Days on site
  • Commercial Building
  • Beds: n/a
  • Baths: n/a

Listing Details

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
27,298
Median Household Income
$42,883
Median Years In Residence
7
Median Homeowner Age
30
Households with Children
56.27%
Percent of Homes Rented
50.24%

Nearby Elementary Schools

945 N West Ave
1120 W 22nd St
1850 Wardrobe Ave

Nearby Middle Schools

1850 Wardrobe Ave
808 W 16th St
632 W 13th St

Nearby High Schools

1850 Wardrobe Ave
808 W 16th St
632 W 13th St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.