930 West 16th St., Merced, CA 95340

FOR SALE
  • $1,475,000
  • 1+ Years on site
  • Beds: n/a
  • Baths: n/a
  • Raw Land
X
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  • MLS Photos (3)
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Description

Zoned CG (General Commercial) one of the last remaining undeveloped sites on 16th Street (formerly Highway 99). Has 436 of frontage (with curb & Gutter) on 16th and is 170' deep. West 16th is a major east west arterial and a primary commercial corridor. Property is adjacent to Merced`s Dining and Entertainment District and within close proximity to and easy access to / from to Freeway 99. Only two parcels removed from R Street (also a major North South arterial connecting 99 to North Merced). Ideal location for auto related businesses such as tire stores, auto parts, body shops etc. also great location for commercial strip center with restaurant. Property is located directly East of the `Carnerceria Vallarta' market ( 1010 West 16th St.). Owners will sell, do a long term ground lease or a build to suit. One of owners is a licensed real estate broker in the state of California.
 
 There are two freestanding bilboards on the property that currently generate $4,800 (i. e. $2,400 / sign) annually for ground rent. Ground lease stipulates that the lease can be terminated by Landlord and Tenant has to remove the signs within 90 days of written notice by Landlord.

  • Raw Land
  • Beds: n/a
  • Baths: n/a

Listing Details

Lot Features
Level
Lot Size
Approximately 1.7 Acres, Approximately 436' x 170', Approximately 74052 Square Feet
Features
Fence

Local Info

Population
32,747
Median Household Income
$50,446
Median Years In Residence
8
Median Homeowner Age
33
Households with Children
51.17%
Percent of Homes Rented
36.26%

Nearby Elementary Schools

632 W 13th St
1120 W 22nd St
436 W 21st St

Nearby Middle Schools

808 W 16th St
632 W 13th St
760 W 8th St

Nearby High Schools

808 W 16th St
632 W 13th 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.

Mortgage Rates

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Property Contact Info

Listing Provided By: Tinetti Realty Group
(209) 384-3885
Listing Agent: Steve Tinetti

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