Active
1407 W 16th Street
Merced CA, 95340
$1,500,000
$150.02 per sqft
Active
9,999 sqft
Commercial
22 room motel for sale, located on a main artery of 16th St in Merced, zoned C-G, general commercial on a 32000 sf lot. Motel features two buildings, east side has a new roof, and some 2 car garages. Property sits with access to both "Main" St and 16th St. Creative multi unit housing provided here with 20 of the 22 units currently occupied (sans 2 rooms undergoing renovation). This business opportunity provides a sustainable income opportunity on a heavily trafficked road of 16th St very close to the proposed Ace Train station. https://hsr.ca.gov/high-speed-rail-in-california/station-communities/merced/ **OWNER FINANCING AVAILABLE WITH SUITABLE TERMS**. Possibility of positive cash flow in under 10 years! Be your own boss! Let's make it happen!
CRMC23225743
MLSⓇ ID
December 13, 2023
Listed
March 24, 2024
Updated
Map
1407 W 16th Street
Merced CA, 95340
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.73 Acres
Roof
Composition Shingles
Other Property Details
Area Name
Merced
Garage
No
View
No
County
Merced
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listed by Larrae Iencarelli with Century 21 Select Real Estate
Listing Contact: 209-617-9463
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