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1725 1731 W 16th Street, Merced, CA 95348

$1,975,000
Commercial Property MLS# MC18023395 ID: 49917224
$1,975,000 Get Rates

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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Location Information near 1725 1731 W 16th Street
Offered by Steve Tinetti at Tinetti Realty Group

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Property Features for 1725 1731 W 16th Street
Status
Market Status
Available
Last Updated
August 14, 2018
Description
Property Type
Commercial Property
Sq. Feet
45,176

Building Features

  • Roof: Metal Roof

Lot Features

  • Fence: Chain Link Fence
  • Steve Tinetti
  • Tinetti Realty Group

Data Provided by:
California Regional Multiple Listing Service

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More information about this $1,975,000 Commercial Property at 1725 1731 W 16th Street

This $1,975,000 Commercial Property at 1725 1731 W 16th Street in Merced, CA is presented by Steve Tinetti. This $1,975,000 Commercial Property, located in the 95348 zip code, has the following property features: Roof, Fence. This 1725 1731 W 16th Street Commercial Property, located in Merced County , is listed under MLS listing number MC18023395 and has a listing price of $1,975,000. You can find more Merced homes for sale here.