• 62 W 16th Street Merced, CA 95340

  • $495,000
  • 0
    Sq Ft
  • 21760
    Sqft
  • Listed By: Alex Rouzbahani, Keller Williams Studio City, DRE #01424339
  • Source: CRMLS

Great opportunity for investors and developers! This prime commercial land is now available at a newly revised price, offering an even more attractive investment opportunity to bring your visionary projects to life. Discover a golden opportunity with this vacant lot in Merced, located on a busy street, perfect for high visibility and accessibility. This property comes with an approved City of Merced Site Plan Review for a 3,527 square foot building, featuring a full commercial kitchen and drive-through. Additionally, it boasts a 447 square foot dining patio with a charming trellis, enhancing its appeal. Ideal for a restaurant or fast food outlet and site is approved for a double lane drive-through. this lot promises a blend of convenience and style in a bustling area, offering a lucrative venture for savvy investors or developers.

Property Type :

Land

County :

Merced

Style :

Land

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Property Details

 

Bathroom Information

Total Baths: 0

Full Baths: 0

Half Baths: 0

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.4995

Lot Size Source: Assessor

Lot Size Square Feet: 21760

Listing Price Information

Original List Price: 495,000

Listing Contract Date: 2023-11-16

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 031360063000

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood:

Postal Code Plus 4: 4934

Directions: On W 16th St. between Martin Luther King and G St.

Zoning: C-G

Source Property Type: Land

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1905 D Street, Merced, CA,95340 $291,000 2 1 1,254 5227 Sqft
5821 N Vista Hermosa Co.., Merced, CA,95340 $308,000 -- -- -- 45302 Sqft
5771 N Siena Avenue, Merced, CA,95340 $265,000 -- -- -- 43560 Sqft
Stretch Avenue, Merced, CA,95340 $1,300,000 -- -- -- 374616 Sqft
Stretch Street, Merced, CA,95340 $2,700,000 -- -- -- 1785960 Sqft
2503 Tuscany Avenue, Merced, CA,95340 $1,370,000 6 5 5,459 43560 Sqft
4116 Sunshine Court, Merced, CA,95340 $565,888 4 3 2,131 6686 Sqft
2433 M Street, Merced, CA,95340 $345,900 -- -- -- 15000 Sqft
3095 Beverly Court, Merced, CA,95340 $505,000 4 4 2,200 9831 Sqft
3095 Beverly Court, Merced, CA,95340 $505,000 4 4 2,200 9831 Sqft

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ByOwner last updated this listing 05/12/2024 @ 04:54

MLS: 23332813
LISTED BY: Alex Rouzbahani, Keller Williams Studio City
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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