107 Heron Way, Merced, CA 95340

$1,450,000 Approx. USD 0 beds, 0 baths
25,000 sqft

Agent Remarks

There are 2 buildings on a 1.67 Acre parcel. 107 Heron Way is a 9,000 SF metal Bldg. that is fully insulated and sprinklered and demised into 7,500 SF of office space and 1,500 SF of shop space. Building has 5 ADA compliant restrooms and offices are modern and attractive. It has been leased for $5,000/month NNN. 115 Heron Way is a 16,000 SF metal bldg. that is fully insulated, sprinklered and has both Men's and Women's ADA compliant restrooms. . It is is on the same 1.67 acre parcel and shares a common driveway and parking lot with 107. Merced Indoor Soccer League occupies 14,000 SF of the 16,000 SF on a MTM lease and pays $5,350 / month (Gross). They have occupied space for over 12 years (i.e. since building was built) and were paying $7,000 / month until economy crashed. Landlord lowered the rent then and hasn't yet raised the rent back up. Owner currently occupies the remaining 2,000 SF and is willing to lease back from a Buyer for up to 2 years at $ 900 / month gross.

Listing Details

Property type: (Commercial)
Status: Active
MLS# MC16720465
List price is $1,450,000
Beds: 0
Baths: 0
25,000 sqft
1.67 acres
Lot size: 1.000
Topography: Level
County: Merced
Heating description: See Remarks

Last Updated: 10/14/2016

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Broker: Courtesy of Tinetti Realty Group
Listing Agent: Steve Tinetti

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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