1725 16th Street, Merced, CA, 95348

1725 16th Street, Merced, CA, 95348 < >
for sale
MLS #:MC18023395
Date Updated:
For information contact:
Steve Tinetti
LIC# 00475070
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Go See This Property
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. Bldg is built on a dock and has multiple truck dock doors and drive-in ramps to get vehicles and equipment from grade level into the bldg. Multiple tenants with monthly gross scheduled rents when 100% occupied . Property listed at 8.74 x Gross Annual Rents. Storm drainage basin to the north of the Merced Mini-Storage is on the subject property but being split off as a separate parcel and then remaining property (approximately 3 m/l acres with building) will potentially be eligible for cannabis related businsesses (Interested party should verify usage with the City of Merced's -Planning Dept.). The northern 20,950 SF space (formerly VSI) is currentlly vacant and avaialbe for lease at $9,000 / month gross and 12,000 SF is vacant and available for lease at $5,400 / month gross as of 6-6-19 there are prospective tenants for both spaces. Current owner is reluctant to commit to long term leases unitl it is known whether a pro

Exterior Details
Roof: Barrel, Metal

Community Information
County Or Parish: MercedDirections: From Hwy 99 go north on V street turn left (west) on 16th first driveway beyond stop sign(Hwy 59)

Property Information From MLS Data
Number Of Buildings: 1Property Sub Type: Industrial
Zoning: I-L

Utilities: Cable Available, Natural Gas Available, Phone AvailaWater Source: Public

Listing Information Courtesy of:
List Agent First Name: Steve
List Agent Last Name: Tinetti
List Office Name: Tinetti Realty Group

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Monthly Payment for 1725 16th Street
This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.
Down Payment:
Loan Amount:$1,580,000
Loan Type:30 year fixed at %
Principal & Interest:
Property Taxes: (1.5%)
Homeowner's Insurance:
Total Payment:
Information obtained from CACRMLS is current as of 6/16/2019 4:07 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.