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1725 W 16th Street, Merced, CA 95348

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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.

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1725 W 16th Street

Merced, CA 95348

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Merced, CA 95348

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1725 W 16th Street

Merced, CA 95348

[GET DIRECTIONS]


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1725 W 16th Street

Merced, CA 95348

$1,975,000

Listed On 01/31/2018

Status: Active

45,176 Square Feet

Listing #MC18023395 (CRMLS MLS)

London Properties, Ltd.

LONDON PROPERTIES, LTD.

REALTOR® / Lic. #00463722

209.725.2100

jlawry@londonproperties.com

Presented By:

London Properties, Ltd.

(209) 725-2100

Email London

London Properties, Ltd.

[GET DIRECTIONS]

1725 W 16th Street

Merced, CA 95348

1725 W 16th Street

Merced, CA 95348

[GET DIRECTIONS]


London Properties, Ltd.

Presented By:

London Properties, Ltd.

(209) 725-2100

Email London

Presented By:

London Properties, Ltd.

(209) 725-2100

Email London

London Properties, Ltd.

$1,975,000 45,176 Square Feet Status: Active Listing #MC18023395 (CRMLS MLS) Listed On 01/31/2018

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.
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General Information
Property Type Commercial Sale Property Subtype(s) Industrial
Price Per Sq. Ft. $43.72 Days On Market 480
APN 059 051 030 000 County Merced
Water Source Public Utilities Cable Available, Natural Gas Available, Phone Available, Sewer Connected
Directions From Hwy 99 go north on V street turn left (west) on 16th first driveway beyond stop sign(Hwy 59)    
Property Type Commercial Sale
Property Subtype(s) Industrial
Price Per Sq. Ft. $43.72
Days On Market 480
APN 059 051 030 000
County Merced
Water Source Public
Utilities Cable Available, Natural Gas Available, Phone Available, Sewer Connected
Directions From Hwy 99 go north on V street turn left (west) on 16th first driveway beyond stop sign(Hwy 59)

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Exterior
Fencing Chain Link Construction Materials Metal Siding
Spa No Pool No
Fencing Chain Link
Construction Materials Metal Siding
Spa No
Pool No

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

Courtesy of Steve Tinetti, Tinetti Realty Group

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.

1725 W 16th Street, Merced, CA 95348
 

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