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1725 1731 West 16th Street, Merced, CA 95348

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45,176 m/l SF multi-tenant metal whse. on 3.3 acre lot(zoned IL-LIGHT INDUSTRIAL). South 8,000 SF has a dock high (heavy duty) wood floor & the balance of the bldg. is on a concrete dock. Bldg has multiple truck dock doors & drive-in ramps to get vehicles & equipment from grade level into the bldg. Multiple tenants with monthly gross scheduled rents when 100% occupied of $18,832 ($225,979/year = 8.74 GRM). Storm drainage basin to the north of the Merced Mini-Storage is on the subject property but being split off as a separate parcel and then remaining property (3 +/- ac. w/bldg.) will potentially be eligible for cannabis related businsesses (Interested party should verify usage with the City of Merced's Planning Dept.). The northern 20,950 SF space (formerly VSI) is currently vacant & available for lease at $9,000/mo. gross & a 12,000 SF space is available for $5,400/mo. gross (as of 6-22-19 there are tenants interested in both spaces but Landlord is reluctant to lease)

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Merced, CA 95348

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1725 1731 West 16th Street

Merced, CA 95348

[GET DIRECTIONS]


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End: 

1725 1731 West 16th Street

Merced, CA 95348

$1,975,000

Listed On 06/09/2019

Status: Active

Listing #19040288 (METROLIST MLS)

London Properties, Ltd.

LONDON PROPERTIES, LTD.

REALTOR® / Lic. #00463722

209.725.2100

jlawry@londonproperties.com

London Properties

Presented By:

London Properties, Ltd.

(209) 725-2100

Email London

London Properties, Ltd.

[GET DIRECTIONS]

1725 1731 West 16th Street

Merced, CA 95348

1725 1731 West 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 Status: Active Listing #19040288 (METROLIST MLS) Listed On 06/09/2019

45,176 m/l SF multi-tenant metal whse. on 3.3 acre lot(zoned IL-LIGHT INDUSTRIAL). South 8,000 SF has a dock high (heavy duty) wood floor & the balance of the bldg. is on a concrete dock. Bldg has multiple truck dock doors & drive-in ramps to get vehicles & equipment from grade level into the bldg. Multiple tenants with monthly gross scheduled rents when 100% occupied of $18,832 ($225,979/year = 8.74 GRM). Storm drainage basin to the north of the Merced Mini-Storage is on the subject property but being split off as a separate parcel and then remaining property (3 +/- ac. w/bldg.) will potentially be eligible for cannabis related businsesses (Interested party should verify usage with the City of Merced's Planning Dept.). The northern 20,950 SF space (formerly VSI) is currently vacant & available for lease at $9,000/mo. gross & a 12,000 SF space is available for $5,400/mo. gross (as of 6-22-19 there are tenants interested in both spaces but Landlord is reluctant to lease)
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General Information
Property Subtype(s) Industrial APN 059 051 030
County Merced Area 20407
Zoning I-L Light Industrial # of Units 6
# of Buildings 1 # of Stories 1 Story
Cross Streets Hwy 59 Location Freeway Exposure, Highway Exposure
Directions Located just to west of intersection of Hwy 59 & W. 16th Street (jusr west of Merced Mini-Storage which it shares a common driveway with.    
Property Subtype(s) Industrial
APN 059 051 030
County Merced
Area 20407
Zoning I-L Light Industrial
# of Units 6
# of Buildings 1
# of Stories 1 Story
Cross Streets Hwy 59
Location Freeway Exposure, Highway Exposure
Directions Located just to west of intersection of Hwy 59 & W. 16th Street (jusr west of Merced Mini-Storage which it shares a common driveway with.

Nearby Amenities

Restaurants

Groceries

Nightlife

Shopping

Arts & Entertainment


Property/Unit Features
Handicap Access Grab Bars, Ramp Space 1 - $ / Sq Ft $0.00
Space 1 - # Yr Lease 0 Space 2 - $ / Sq Ft $0.00
Space 2 - # Yr Lease 0 Space 3 - $ / Sq Ft $0.00
Space 3 - # Yr Lease 0 Space 4 - $ / Sq Ft $0.00
Space 4 - # Yr Lease 0 Miscellaneous Ceiling Height 12Ft+
Handicap Access Grab Bars, Ramp
Space 1 - $ / Sq Ft $0.00
Space 1 - # Yr Lease 0
Space 2 - $ / Sq Ft $0.00
Space 2 - # Yr Lease 0
Space 3 - $ / Sq Ft $0.00
Space 3 - # Yr Lease 0
Space 4 - $ / Sq Ft $0.00
Space 4 - # Yr Lease 0
Miscellaneous Ceiling Height 12Ft+

Interior
Heating / Cooling Central, MultiType, Natural Gas / Central, Evaporative Cooler Flooring Carpet Wall to Wall, Concrete Slab, Linoleum/Vinyl
Heating / Cooling Central, MultiType, Natural Gas / Central, Evaporative Cooler
Flooring Carpet Wall to Wall, Concrete Slab, Linoleum/Vinyl

Exterior
Amenities Cold Storage Parking Features Open
Roofing Metal Door Features Roll Up
Exterior Metal Construction Type Steel
Loading Drive-In, Load Leveler, Loading Dock Spa No
Pool No    
Amenities Cold Storage
Parking Features Open
Roofing Metal
Door Features Roll Up
Exterior Metal
Construction Type Steel
Loading Drive-In, Load Leveler, Loading Dock
Spa No
Pool No

Miscellaneous Data
REO/Bank Owned No Income Sources Other-Rmks
Tenant Pays Electric, Garbage, Individual Meters Other Expenses Other-Rmks
Lease Terms Other-Rmks    
REO/Bank Owned No
Income Sources Other-Rmks
Tenant Pays Electric, Garbage, Individual Meters
Other Expenses Other-Rmks
Lease Terms Other-Rmks

Courtesy of Stephen Tinetti, Tinetti Realty
IDX provided by Reliance Marketing.

Metrolist
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 1731 West 16th Street, Merced, CA 95348
 
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