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$ 399,000
Est. payment | /mo
7,501 Sqft Lot
$ 399,000
Est. payment | /mo
7,501 Sqft Lot
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
MLS Listing ID 226122274
HOA Y/N No
Lot Size 7,501 Sqft
Acres 0.1722
Property Sub-Type Warehouse
Source MLS Metrolist
Property Description
149 W 16th St offers a commercial redevelopment and value-add investment opportunity near downtown Merced, California. The approximately 7,500 SF parcel includes an approximately 5,000 SF fire-damaged masonry structure with an open interior and no roof. A July 2023 structural engineering evaluation outlines a potential reconstruction approach incorporating certain existing structural elements, subject to substantial improvements, further evaluation, and applicable approvals. Located near Highway 99 and surrounding commercial businesses, the property presents an opportunity for investors, developers, and owner-users to reposition an established commercial site. The property is offered in its existing condition. Buyers should independently verify structural integrity, zoning, permitted uses, construction requirements, and redevelopment feasibility.
Location
State CA
County Merced
Area 20407
Direction from Martin Luther King, Right on 16th St. Building on left hand side.
Location Details Restaurant Nearby,Shopping Nearby
Interior
Heating Other
Cooling Evaporative Cooler
Flooring Concrete Slab
Exterior
Parking Features Public, Street, Uncovered
Utilities Available Other
Water Access Desc Public
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 031-162-015-000
Special Listing Condition Other
Listed by PMZ Real Estate
Nearby Locations
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