1725-1731 W 16th Street

    Merced, CA 95348
    • $1,975,000
    • STATUS: Active
    • ON SITE: 137 days
    • ID#: MC18023395
    UPDATED: 37 min ago
    $1,975,000
    • 0
      BEDS
    • 3.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 45,176
      SQFT
    • $44
      $/SQFT
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    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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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T09:27:35.127. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.pismohomes.com/homes/80443037

    1725-1731 W 16th Street Merced, CA 95348

    • Price: $1,975,000
    • Status: Active
    • Updated: 37 min ago
    • ID#: MC18023395
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.3
    Acres
    45,176
    SQFT
    $44
    $/SQFT
    County:
    Merced
    Property Description
    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.
    Exterior Features

    Construction Materials Metal Siding Fence YN Yes Fencing Chain Link Lot Features Level With StreetLot Over 40000 SqftLot Shape-RectangularLot-Level/Flat Lot Size Dimensions 3.3 Acres Lot Size Source Assessor Lot Size Units Square Feet Roof BarrelMetal

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Investment Property YN Yes Land Use Industrial Laundry YN No Leasable Area Units Square Feet Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Industrial Special Listing Conditions Standard Utilities Cable AvailableNatural Gas AvailablePhone AvailableSewer Connected Water Source Public Zoning I-L

    Listing provided courtesy of Steve Tinetti of Tinetti Realty Group.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-06-19T09:27:35.127. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
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