1407 W 16th Street Merced, CA ^$ 1,500,000

1407 W 16th Street

^$ 1,500,000

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1407 W 16th Street

Merced, CA, 95340

^$ 1,500,000

Studio Baths0.0 Sq 9,999

Monthly Estimate*

^$ 9,969

Listed by Century 21 Select Real Estate

1407 W 16th Street, Merced, CA 95340 - Image 1

Studio

Commercial Property for sale in Merced, CA

for $1,500,000. This 9,999 square foot building was built on a lot size of 0.7346.

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!

Commercial Active

Price

^$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

HotelMotel

Lot Size

0.7346

Town/City

Merced

County/Region

Merced

MLS | Web ID

MC23225743

Days on Market

174

Features

General

Heating WallFurnace

Cooling WallWindowUnits

Utilities CableConnected

Roof Composition

Property SubType HotelMotel

Business Type MultiTenant

County Merced

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions M St to R on 16th

City Merced

View Y/N N

Senior Community Y/N N

Open Parking Spaces 22.0

NumberOfUnitsTotal 22

Lot Size Units SquareFeet

Lot Size Square Feet 32000.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 16th

Listing Terms Cash Conventional OwnerMayCarry

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Current Financing None

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 102

Building Area Units SquareFeet

Standard Status Active

Occupancy Type Owner

Property Sub Type Additional HotelMotel

Exterior

Lot Features Paved

Water Source Public

Total Parking 22.0

Lot Size Area 32000.0

Number of Buildings 2

Spa N

Building Area Total 9999.0

Lot Size Acres 0.7346

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 1407

* Excluded Features

List By

Century 21 Select Real Estate

Broker

(209) 617-9463

Phone

Affordability Calculator

$9,969

Per Month

Monthly Principal & Interest: $9,969
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Merced, CA

Average List Price ^$1,083,600

Percent of Sale Price 28%

About Merced, CA

84,061 Population

29% Since 2002

^$39,961 Median Income

31.46 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/14/2023	$1,500,000		Listed Price

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1407 W 16th Street, Merced, CA, 95340 is a Commercial Property for sale at $1,500,000 with 9,999 sqft and a lot size of 0.7346. 1407 W 16th Street is a studio with 0.0 baths. The property's zip code is 95340 which is in Merced, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 6/4/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1407 W 16th Street

Commercial Property for sale in Merced, CA

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