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Great pride of ownership is evident in this Rascal Creek Professional Park. 22,500 +/- sq.ft. of Office Condo Units and common area offered for bulk sale. This is a total of 10 units (3327 M St, Suites A & C, 3333, 3335, 3337, 3339, 3343, 3341 and 3345 M Street) Majority of the Tenants are general office use but space of medical use is available. Per the Owner, all units are equipped with ADA compliant bathrooms. 92 parking spaces serve the complex. HVAC units have been serviced on a regular basis; one unit may need to be replaced soon. Current leases are modified gross type lease agreements. Some Tenants have long term lease agreements, approx. 8,000 sq.ft. is leased on a month to month basis. Great upside income potential since the average per square foot price is below market rents.

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Hello ,

thought you might be interested in the following property:

3345 M Street

Merced, CA 95348

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Hello ,

thought you might be interested in the following property:

3345 M Street

Merced, CA 95348

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3345 M Street

Merced, CA 95348

[GET DIRECTIONS]


Start: 

End: 

3345 M Street

Merced, CA 95348

$2,545,000

Listed On 11/03/2017

Status: Active

22,500 Square Feet

Listing #MC17250434 (CRMLS MLS)

LONDON PROPERTIES, LTD.

Realtor® / Lic. #00463722

209.725.2100

jlawry@londonproperties.com

Presented By:

London Properties, Ltd.

(209) 725-2100

Email London


[GET DIRECTIONS]

3345 M Street

Merced, CA 95348

3345 M Street

Merced, CA 95348

[GET DIRECTIONS]


Presented By:

London Properties, Ltd.

(209) 725-2100

Email London

Presented By:

London Properties, Ltd.

(209) 725-2100

Email London

$2,545,000 22,500 Square Feet Status: Active Listing #MC17250434 (CRMLS MLS) Listed On 11/03/2017

Great pride of ownership is evident in this Rascal Creek Professional Park. 22,500 +/- sq.ft. of Office Condo Units and common area offered for bulk sale. This is a total of 10 units (3327 M St, Suites A & C, 3333, 3335, 3337, 3339, 3343, 3341 and 3345 M Street) Majority of the Tenants are general office use but space of medical use is available. Per the Owner, all units are equipped with ADA compliant bathrooms. 92 parking spaces serve the complex. HVAC units have been serviced on a regular basis; one unit may need to be replaced soon. Current leases are modified gross type lease agreements. Some Tenants have long term lease agreements, approx. 8,000 sq.ft. is leased on a month to month basis. Great upside income potential since the average per square foot price is below market rents.
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General Information
Property Type Commercial Sale Property Subtype(s) Office
Price Per Sq. Ft. $113.11 Days On Market 232
APN 236 200 001 000 Year Built 1986
County Merced Water Source Public
Directions From Olive Ave, drive north on M Street, just past Loughborough Drive, turn left into driveway at Rascal Creek Professional Park, properties are located at the back on the right hand side.    
Property Type Commercial Sale
Property Subtype(s) Office
Price Per Sq. Ft. $113.11
Days On Market 232
APN 236 200 001 000
Year Built 1986
County Merced
Water Source Public
Directions From Olive Ave, drive north on M Street, just past Loughborough Drive, turn left into driveway at Rascal Creek Professional Park, properties are located at the back on the right hand side.

Exterior
Spa No Pool No
Spa No
Pool No

Miscellaneous Data
REO/Bank Owned No    
REO/Bank Owned No

Courtesy of Dan Gallagher, CB Commercial, Gonella Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

 

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