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2773 2777 N State Highway 59

Merced, CA 95348

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$15,997,500

199,667 sq ft
  |  
22.30 acres

2773 2777 N State Highway 59

Merced, CA 95348

Listed On: 07/16/2026
Status: Active
Listing Number: 226090119 (Metrolist MLS)

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Presented By:

London Properties, Ltd.
London Properties, Ltd. 209.725.2100 Email Agent
Property Description
Exceptional multi-tenant industrial investment opportunity featuring just under 200,000 square feet of improvements on 22.3 acres, including approximately 8.27 acres of excess developable land for future expansion. Strategically located with gated access from both Highway 59 and Cooper Avenue, this property offers an outstanding combination of stable income, owner-user flexibility, and long-term upside. Property includes 5 primary buildings totaling nearly 200,000 SF, consisting of office, warehouse, manufacturing, refrigerated storage, and distribution space. Building A features a modern 7,126 SF office building and a 2,400 SF metal shop built in 2021. Building B is a 15,540 SF fully sprinklered warehouse with 22-foot clear height and eight roll-up doors. Building C offers 70,902 SF with approximately 3,400 SF of office space, eight recessed truck docks, and 3,000-amp electrical service. Building D is a 98,239 SF concrete tilt-up distribution facility with 24-foot clear height, 2,000-amp electrical service, and two refrigerated cooler rooms totaling approximately 25,000 SF. As of January 1, 2026, the property generated gross scheduled income of approximately $1.6 million annually (Approximately $133,500 Monthly) with a combination of long-term leased space and significant vacant area available for immediate occupancy or lease-up. Buildings C and D together provide approximately 169,000 SF of contiguous industrial space, creating excellent opportunities for manufacturing, food processing, cold storage, logistics, or distribution users. Recent ownership investments exceed $2 million, including comprehensive flood protection improvements and rooftop solar installations serving Buildings C and D. The solar system is included in the sale at no additional cost. The property also benefits from electrical service provided by Merced Irrigation District (MID), offering potential utility cost savings compared to traditional providers. This is a rare opportunity to acquire a large-scale industrial campus with existing cash flow, value-add leasing potential, expansion acreage, and flexible owner-user possibilities in one of the Central Valley's growing industrial markets.
Property Type
Commercial Sale
Property Subtype 1
Warehouse
Property Condition
Exterior-Good, Interior-Good
Year Built Details
Unknown
Year Built Source
Other
Location
Business Park, Industrial Area, Warehouse
Current Use
Heavy Industrial, Light Industrial, Light Manufacturing, Warehouse
# of Buildings
5
Total Units
5
Directions to Property
From southbound Hwy 99 take 16th Street exit turn left on Hwy 59 take first driveway on the left (west) side of the road
Cross Street
16th Street
County
Merced
Special Listing Conditions
None
Building Features
12 to 18 Ft Ceilings,Other Restroom Facilities,Cold Storage,Refrigeration,Extra Storage,See Remarks
Structure
Industrial, Warehouse
Construction Materials
Steel, Concrete
Foundation
Concrete
Roof
Metal
Heating
See Remarks
Cooling
See Remarks
Loading
12' Roll Up Door,Drive-In,See Remarks,Dock-Bay
Flooring
Concrete
Walls
Concrete Block
Total Units
5
Space 1 - # Yr Lease
3
Space 1 - Unit SqFt
7126
Space 1 - $ / SqFt
0.69
Space 1 Comments
Modern standalone office building along with a 2, 400 SF metal shop constructed in 2021. Leased on a Modified Gross basis thru 2028, with renewal options. Annual rent ajustments tied to CPI 3% - 8%
Space 2 - Unit SqFt
15780
Space 2 - $ / SqFt
0.79
Space 2 Comments
Building B is a 15, 540 SF fully sprinklered warehouse featuring a 240 SF office, 22-foot clear height, and eight grade-level roll-up doors (four on each side). The tenant currently pays $12, 508.84 per
Space 3 - # Yr Lease
3
Space 3 - Unit SqFt
75000
Space 3 - $ / SqFt
1
Space 3 Comments
Improvements include eight recessed truck docks, 3, 000-amp electrical service, and power provided by Merced Irrigation District (MID). Leased thru June 2029
Space 4 - Unit SqFt
98239
Space 4 Comments
Refrigerated Distribution Facility with 24 height, 2, 000 AMP electrical service, two refrigerated walk in cooler rooms. Space can be combined with Bldg C. Previously rented at $.65/SF
Utilities
Other
Electric
200 to 400 Amp Service
Irrigation
Public District
Water Source
Public
Sewer
Public Sewer
Business Type
Commercial, Printing, Storage, Other
Parking Features
Fenced
Lot Features
See Remarks
APN
059 450 069 000
Topography
Level
Road Frontage Type
Highway Exposure, Highway Frontage
Zoning Description
I-L
List AOR
MetroList Services, Inc.
Tenant Allow/Fixed
0.00
Tenant Allow/SqFt
0
Income Includes
See Remarks
Tenant Pays
Common Area Maintenance, See Remarks
Census Tract
10.05

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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