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$799,000
Est. payment /mo
5,500 SqFt
UPDATED:
09/30/2024 06:37 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,500 sqft
Price per Sqft $145
MLS Listing ID MC24161765
HOA Y/N No
Lot Size 7,501 Sqft
Property Description
We are pleased to present a multi-tenant commercial building available for purchase. The subject property is a ±5,500 square foot building with ±2,000 square feet of undeveloped land on the south side of the parcel.
The property is located in the heart of downtown Merced and is surrounded by several major redevelopment projects. Neighboring tenants in the area include Joystiq, Regal IMAX at Mainplace Merced, El Capitan Hotel, The Tioga Apartments, and the UC Merced Downtown Business Center. Ease of access to Highway 99 via the Martin Luthor King Jr. onramp and within walking distance to the planned Valley Rail High-Speed Train Station for the ACE Train Extension and CA High Speed Rail.
The City of Merced is experiencing high growth, largely driven by the University of California Merced Campus. The student body is currently around 10,000 students, with plans to grow to 15,000 by 2030 and potentially 25,000 when the campus is fully mature.
The property is located in the heart of downtown Merced and is surrounded by several major redevelopment projects. Neighboring tenants in the area include Joystiq, Regal IMAX at Mainplace Merced, El Capitan Hotel, The Tioga Apartments, and the UC Merced Downtown Business Center. Ease of access to Highway 99 via the Martin Luthor King Jr. onramp and within walking distance to the planned Valley Rail High-Speed Train Station for the ACE Train Extension and CA High Speed Rail.
The City of Merced is experiencing high growth, largely driven by the University of California Merced Campus. The student body is currently around 10,000 students, with plans to grow to 15,000 by 2030 and potentially 25,000 when the campus is fully mature.
Location
State CA
County Merced
Zoning C-C
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 031152007000
Special Listing Condition Standard
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Listed by Dan Del Real • Del Real Commercial • 209-285-9912