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2773 N State Highway 59

Merced, CA 95348

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$15,995,000

199,965 sq ft
  |  
22.30 acres

2773 N State Highway 59

Merced, CA 95348

Listed On: 01/11/2026
Status: Active
Listing Number: 226003207 (Metrolist MLS)

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Contact Info


Presented By:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
Just under 200,000 SF of buildings on 22.3 acres. Has 8.27+/- acres of excess buildable land on which to build additional buildings or provide Industrial Outdoor Storage . Gross Scheduled rent as of 1-1-26 was $133,606.68 /month = $ 1,603,280.00 / year. Bldg. A consists of a free standing 7,126 SF office building + a new (built 2021) 2,400 SF metal shop bldg. Leased on a modified gross basis. Landlord pays Base Yr. Operating Expenses and Tenant pays its prorata share of increase over the Base Yr. with exception that Tenant pays all of taxes for new shop Bldg. COLAs in January based on increase in CPI but never less than 3% or greater than 8% / year. Tenant currently pays $10,244.30/ month ($9,204.83 Base Rent +$1,039.50 CAMs. Bldg. B is a 15,300 SF standalone fully sprinklered metal bldg. with an attached 240 SF office. Bldg.has minimum 22' clear height and has 8 roll-up doors (4@ on east and west sides of Bldg.). Tenant pays $12,508.84 / month ($10,810.37 Base Rent + $1,698.47 NNNs). Bldg. C is a 70,902 SF fully sprinklered metal bldg. with 8 recessed truck docks and 3,000 AMP electrical service provided by MID(purportedly costs less than 50% of PG & E). Tenant currently pays $43,711.99 / month ($ 38,537.58 Base Rent + $7,174.41 NNNs). Tenant wants to sub-let he building. Bldg. D is a fully sprinklered, concrete tilt-up with 24' clear height under roof trusses and 2,000 AMP electrical service provided by MID. Solar panels on south facing roofs of both Bldgs. C & D provide an additional 750KW on average / month into Bldg. D's meter. Inside of D are 2 x 12,544+/- SF refrigerated walk-in boxes that can be maintained at 40 degrees temperature. Bldg. D just became available for lease in March and the asking rent is $.55/SF NNN (the NNNs are $.10 / SF). Owner occupies 5,240 SF metal shop attached to west end of Bldg D and is willing to either vacate at close of escrow or lease back at $3,406 / month ($.65/SF). Owner has just spent $1M+/- to flood proof buildings. The property is fully fenced and can be accessed via electronic gates from both Highway 59 and Cooper Avenue. Bldgs. C & D combined represent roughly 170,000 SF of competetively priced continuous space with 5,000 AMPs of inexpensive electricty.
Property Type
Commercial Sale
Property Subtype 1
Industrial
Property Condition
Exterior-Very Good, Interior-Very Good
Year Built
1969
Year Built Source
Owner
Location
Public Transportation Nearby, Industrial Area, Warehouse, See Remarks
Stories
1
Current Use
Varies by Unit
# of Buildings
5
Total Units
5
Signs
Yes
Directions to Property
From southbound 99 take the 16th Street exit and turn left (north) on Hwy 59. Take first driveway on the left (west) side of the highway
Cross Street
Cooper Avenue
County
Merced
County Use Code
CA
Special Listing Conditions
None
Building Features
Major Tenant, Over 18 Ft Ceilings, Clear Height, Cold Storage, Hydrant(s), See Remarks
Structure
Industrial, Warehouse, Manufacturing Facility
Construction Materials
Metal, Steel, Concrete, Tilt-Up, Wood
Foundation
Concrete, Slab
Roof
Tile, Metal
Heating
See Remarks
Cooling
See Remarks
Loading
12' Roll Up Door,14' Roll Up Door,Clearance Over 20'
Flooring
Concrete Slab
Walls
Metal, Paneled, Plaster
Total Units
5
Utilities
Cable Available, Sewer Connected, Telephone, Telephone Switch
Electric
400+ Amp Service,3 Phase,Separate Electric Meter
Irrigation
Public District, Meter on Site
Water Source
Public
Sewer
Public Sewer
Business Type
Other
Parking Features
Common Area Shared, Exclusive, Fenced, Lighted
APN
059 450 069
Topography
Level
Road Frontage Type
City Street, Highway Frontage
Zoning Description
I-H Heavy Ondustrial
List AOR
MetroList Services, Inc.
Tenant Allow/Fixed
0.00
Tenant Allow/SqFt
0
Income Includes
See Remarks, Rent
Owner Pays
See Remarks
Tenant Pays
Common Area Maintenance, Sewer, Electricity, Taxes, Trash Collection, Water, Individual Meters, Insurance, Janitorial Services, Maintenance
Lease Term
Other

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

Metrolist
Terms of Use

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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