961 West 16th Street, Merced, CA 95340

$325,000 Approx. USD 0 beds, 0 baths
6,500 sqft

Agent Remarks

6,500 square foot concrete block building in a C-C (Central Commercial) zone with 80' of frontage on West 16th Street and 150 deep (12,000 SF parcel). Has City maintained 20' wide paved alley in the back (i.e. north) side of property. Has asphalt paving to the north and west of the building. Chain link fence on the north side provides security for small yard area and paving on the west side provides off street parking lot to service the building. Currently occupied on a month-to-month basis by Smith Auto Parts who has occupied the building for more than two decades on a leased basis but has recently gone to MTM tenancy. Current tenant pays $2,100 ($.32/SF) / month NN. Current market rent is around $3,250 ($.50/SF) / month NN. Owner prefers to sell the property but will consider a long term lease with a satsfactory tenant. Property is being sold as is and is priced accordingly.

Listing Details

Property type: (Commercial)
Status: Active Under Contract
MLS# MC16717002
List price is $325,000
Beds: 0
Baths: 0
6,500 sqft
0.27 acres
Lot size: 12001.000
Topography: Level
County: Merced
Zoning: CC

Last Updated: 1/11/2017

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The listing is zoned CC.
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Lat/Long: 37.303277, -120.490806.
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Broker: Courtesy of Tinetti Realty Group
Listing Agent: Steve Tinetti

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