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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