Address
1111 Motel Drive Merced, CA
Price
$ 599,000
Property Attributes
  • MLS#MC20146393
  • TypeCommercial
  • CountyMERCED
  • CityMerced
  • Zip95341
  • StyleSpecial Purpose
  • Price$ 599,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3459
  • Lot Size0.55 Acres
Listing Provided Courtesy Of:
Ryan Searcy with CB Commercial, Gonella Realty - 209-777-5477
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

Cannabis dispensary? Bar&Grill? Take your pick! This 3,459 sq. ft. commercial building is in the perfect location for either business. Previously, it was a popular Karaoke bar. The City of Merced recently approved this building for a potential cannabis dispensary site. Before it was a karaoke bar, it was known as Sir James restaurant and the kitchen can be resurrected to fully functioning. The building sits on Motel Dr. and offers excellent visibility from Highway 99. The sale includes 2 parcels; the building and adjacent parking lot. Plus, the roof holds a 104-panel solar system (paid for-not leased) which generates over 40 megawatts per year and satisfies all the power needs for the building. The ABC liquor license and inventory are not included in the sales price but are available in a separate transaction with the owner.

Price History
7/23/2020 Listed $700,000
1/19/2021 15% - $599,000

General Features

Additional Parcels Description 035101003000
Additional Parcels Y/N Yes
Co-Listing Agent State License # 01819755
Co-listing Agent Dan Gallagher - BRE#01819755
Listing Agent Ryan Searcy - BRE#02044301
Listing Agent State License 02044301
Property Sub Type Additional Special Purpose
Property SubType Special Purpose
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Terms Submit

Interior Features

Laundry Features None

Exterior Features

Lot Features Irregular Lot, Near Public Transit, Paved, Street Level
Lot Size Acres 0.55
Lot Size Area 24076
Lot Size Source Assessor
Lot Size Square Feet 24076
Lot Size Units Square Feet
Water Source Public

Amenities

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

Property vs Commercial Average in 95341

Price
AVG $420K
$600K

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