Address
3345 M Street Merced, CA
Price
$ 2,350,000
Property Attributes
  • MLS#MC19230485
  • TypePending
  • CountyMERCED
  • CityMerced
  • Zip95348
  • StyleOffice
  • Price$ 2,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2 Acres
Listing Provided Courtesy Of:
Dan Gallagher with CB Commercial, Gonella Realty.
Data Source:
CRMLS
Property Description

Great pride of ownership is evident in this Rascal Creek Professional Park. 22,500 +/- sq.ft. of Office Condo Units and common area offered for bulk sale. This is a total of 10 units (3327 M St, Suites A & C, 3333, 3335, 3337, 3339, 3343, 3341 and 3345 M Street) Majority of the Tenants are general office use but space of medical use is available. Per the Owner, all units are equipped with ADA compliant bathrooms. 92 parking spaces serve the complex. HVAC units have been serviced on a regular basis; one unit may need to be replaced soon. Current leases are modified gross type lease agreements. Some Tenants have long term lease agreements, approx. 8,000 sq.ft. is leased on a month to month basis. Great upside income potential since the average per square foot price is below market rents.

Price History
9/27/2019 Listed $2,350,000

General Features

Listing Agent Dan Gallagher - BRE#01819755
Listing Agent State License 01819755
Property Sub Type Additional Office
Property SubType Office
Property Type Commercial Sale
Special Listing Conditions Standard

Interior Features

Laundry Features None

Exterior Features

Lot Features Lot Over 40000 Sqft
Lot Size Acres 2
Lot Size Area 87120
Lot Size Source Assessor
Lot Size Square Feet 87120
Lot Size Units Square Feet
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95348

Price
AVG $810K
$2.35M
Visits
AVG 41
7
Year Built
AVG 2000
1986
Walkscore
AVG 28
49
Data Provided by Walkscore ® not using MLS data

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