$7,457,380
$7,220,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
6.65 Acres Lot
SOLD DATE : 10/30/2020
Key Details
Sold Price $7,457,380
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC19155786
Sold Date 10/30/20
HOA Y/N No
Lot Size 6.650 Acres
Property Description
4 year old 40, 467+/- SF freezer bldg. on 6.5 ac. parcel. Uses freon for coolant (vs. ammonia). Has 3 x 13,300+/- SF Bays that can hold a constant -5 degrees (each bay can also be operated for cold storage). Built dock hi w/3 truck docks. Has 5,589+/- SF Staging Area. The 878+/- SF Equipment Room was built to allow for additional equipment in order to double the size of the building. Accessed from Cooper Ave. via electronically controlled gate. Currently operated as a 'Public Warehouse' whereby the Landlord's warehouseman unloads customers' trucks to store & then susequently reloads the customers truck when product is shipped out. Landlord receives an 'in' & 'out' fee for each pallet (or bin) plus monthly rent/pallet or bin. Each Bay is clear span, 30' high, has 2 man-doors & 1 large 'Speed Door' for forklift access. Staging Area has 3 insulated forklift doors & 3 man-doors (1 / truck dock) coinciding with each Bay. Building has a fire suppression system per Merced City Fire Department regulations & suspended LED lighting. There is a concrete drive-in ramp from grade to dock. Same owner owns 3 x 1 to 1.5 acre parcels that abutt to the north (on Cooper ) that can be purchased. 57.7 acs. abutting to the south also for sale (separate owner). It has 104,000SF CTU, rail spur for 16 boxcars (can be extended for center beam cars) & over 600K of exterior cement slabs on which to store bulk material (or build additional bldgs.?). IH Zone allows for cannabis related businesses.
Location
State CA
County Merced
Zoning Heavy industrial
Interior
Fireplace No
Laundry None
Building
Lot Description Flag Lot, Level
Story 1
Water Public
Others
Tax ID 059450068000
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Financing Cash to Loan
Special Listing Condition Standard
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