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.
Mls | MC24161765 |
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Listing Type | For Sale |
Style | Retail |
Subtype | Resale |
Status | Pending |
Days On Site | 112 |
Listing Provided By | Del Real Commercial 209-285-9912 | Dan Del Real |
Sq Feet | 5,500 |
---|---|
Storys | 1 |
Buildings | 1 |
Zoning | C-C |
Acreage | 0.17 |
State | CA |
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County | Merced |
City | Merced |
Zip Code | 95340 |
Listing VS Median (in 95340) | |
Price: $799,000 low | high Med: $429,000 SqFt: 5,500 low | high Med: 1,450 $ / SqFt: $145 low | high Med: $296 On Site: 112 low | high Med: 26.000000 |