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930 W 16TH Street | 930 W 16th Street Merced CA | 7188145731

This listing was posted on Americanlisted.

$1,475,000

930 W 16TH Street

Price:
$1,475,000
Location:
930 w 16th street, Merced, CA
Description:

Zoned CG (General Commercial) one of the last remaining undeveloped websites on 16th Street (formerly Highway 99). Has 436 of frontage (with curb & & Gutter) on 16th and is 170' deep. West 16th is a major east west arterial and a main commercial corridor. Property is surrounding to Merced's Dining and Entertainment District and within close proximity to and simple access to/ from to Freeway 99. Just two parcels eliminated from R Street (likewise a significant North South arterial linking 99 to North Merced). Ideal area for car associated businesses such as tire shops, car parts, body shops etc. likewise excellent place for commercial strip center with restaurant. Home lies directly East of the 'Carnerceria Vallarta' market (1010 West 16th St.). Owners will certainly sell, do a long term ground lease or a construct to suit. Among owners is a certified real estate broker in the state of California.There are two freestanding bilboards on the home that currently create $4,800 (i.e. $2,400/ indicator) each year for ground rent. Ground lease specifies that the lease can be ended by Landlord and Tenant needs to eliminate the indicators within 90 days of written notification by Landlord. Details.Home Class: Commercial.Type: Land/Unimproved.Noting Status: Active.City: Merced.Area: 699 - Not Defined.County: Merced.State: CA.Property Sub Type Descr: Land/Unimproved.Lot Size Area Sq Feet: 74052.00.Lot Size Area Acres: 1.70000.Listing #: CC332928.Parcel Number: 03117XXXXXX.List Date: 2/4/2014.Class: Commercial.Home Subtype: Land/Unimproved.Approx Lot Size: 1.700. Lot Desc: Access Road Paved, Access by means of City Streets, Lot Over 40000 Sqft, Lot Shape-Rectangular, Lot-Level/Flat, Near Public Transit.Present Use: Office, Retail.Road: Paved.
Property Type:
Commercial & Office Space for Rent
Sq feet:
74,052 sq. ft.
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