Merced, CA 95341,1 N West AVE

$6,680,000

$6,750,000

1.0%
Est.Price: ?

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Est. payment /mo

15.05 Acres Lot


SOLD DATE : 03/08/2022

Key Details

Sold Price $6,680,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID MC20213537

Sold Date 03/08/22

HOA Y/N No

Lot Size 15.050 Acres

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.

Location

State CA

County Merced

Zoning I-L

Interior

Fireplace No

Laundry None

Exterior

Fence Barbed Wire, Chain Link

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Propane, Phone Connected, Sewer Connected, Water Connected

Roof Type Metal

Building

Lot Description Corner Lot, Lot Over 40000 Sqft, Near Public Transit, Level

Story 2

Water Public

Others

Tax ID 059420077000

Security Features Fire Sprinkler System,Security Gate,Key Card Entry

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Lease Option, Submit

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Lease Option, Submit

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Steve Tinetti • Tinetti Realty Group
Bought with General NONMEMBER • NONMEMBER MRML
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