Lease to Own
Address
1 N West Avenue Merced, CA
Price
$ 6,750,000
Property Attributes
  • MLS#MC20213537
  • TypePending
  • CountyMERCED
  • CityMerced
  • Zip95341
  • StyleIndustrial
  • Price$ 6,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage134330
  • Lot Size15.05 Acres
Listing Provided Courtesy Of:
Steve Tinetti with Tinetti Realty Group.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description

For Sale for $6,750,000 or For Lease for $.40/SF/mo. NNN. Located in Opportunity Zone & the Merced Airport Industrial Pk There is 127,530+/-SF on ground floor & 6,800+/-SF on 2nd floor (offices, storage and mechanical rooms). Fully sprinklered & partially insulated, 4,000 AMP electrical service (MID -reputedly 15% to 20% less expensive than PG&E). 3 recessed truck docks on south side of Area 2 + 2 recessed trucks on the north side of Area 4 & many grade level roll-up doors. Warehouse clear heights vary from 24' to 30'+. There are four distinct areas in the Bldg. as follows : Area 1 (NEC) 40,440+/-SF; Bldg. 2 (SEC) 40,000+/-SF; Bldg. 3 (SWC) 36,365+/-SF; Bldg. 4 (NWC) 10,725+/- on 1st floor & 6,800+/-SF on 2nd Floor. Fenced & gated paved yard & curb cuts / driveways from West Avenue, Eagle Street and Condor Drive. Zoned IL (Light Industrial) and may be eligible for cannabis related businesses (Buyer to verify with the City of Merced). Near to Highways 59, 99 and 140. Current 15.05 acre parcel will be split prior to sale and the building and improvements on a new 9.86 +/- acre parcel (aka parcel # 1) is what will be sold for the listed price. Two other parcels as follows: 2.63 acres on Condor Avenue (aka parcel # 2) and 2.56 acres on West Avenue (aka parcel #3) can potentiallly be purchased (price to be negotiated) in addition to the primary 9.83 acre parcel.

Price History
10/10/2020 Listed $6,250,000

General Features

Business Type Warehouse
Construction Materials Steel
Listing Agent Steve Tinetti - BRE#00475070
Listing Agent State License 00475070
Property Sub Type Additional Industrial
Property SubType Industrial
Property Type Commercial Sale
Roof Metal
Security Features Fire Sprinkler System, Security Gate, Key Card Entry
Special Listing Conditions Standard
Status Pending
Terms Cash, Cash to New Loan, 1031 Exchange, Lease Option, Submit
Topography Level
Utilities Cable Available, Electricity Connected, Natural Gas Available, Propane, Phone Connected, Sewer Connected, Water Connected
Zoning I-L

Interior Features

Laundry Features None

Exterior Features

Fencing Barbed Wire, Chain Link
Lot Features Corner Lot, Lot Over 40000 Sqft, Near Public Transit, Level
Lot Size Acres 15.05
Lot Size Area 655578
Lot Size Source Assessor
Lot Size Square Feet 655578
Lot Size Units Square Feet
Number of Buildings 1
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 Pending Average in 95341

Price
AVG $500K
$6.75M
Visits
AVG 60
105
Walkscore
AVG 38
37
Data Provided by Walkscore ® not using MLS data

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