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$ 720,000
$ 799,000 9.9%
Est. payment /mo
Sold on 12/11/2024
328 W Main ST Merced, CA 95340
7,501 Sqft Lot
UPDATED:
Key Details
Sold Price $720,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MC24161765
Sold Date 12/11/24
HOA Y/N No
Lot Size 7,501 Sqft
Property Description
We are pleased to present a multi-tenant commercial building available for purchase. The subject property is a ±5,500 square foot building with ±2,000 square feet of undeveloped land on the south side of the parcel.
The property is located in the heart of downtown Merced and is surrounded by several major redevelopment projects. Neighboring tenants in the area include Joystiq, Regal IMAX at Mainplace Merced, El Capitan Hotel, The Tioga Apartments, and the UC Merced Downtown Business Center. Ease of access to Highway 99 via the Martin Luthor King Jr. onramp and within walking distance to the planned Valley Rail High-Speed Train Station for the ACE Train Extension and CA High Speed Rail.
The City of Merced is experiencing high growth, largely driven by the University of California Merced Campus. The student body is currently around 10,000 students, with plans to grow to 15,000 by 2030 and potentially 25,000 when the campus is fully mature.
The property is located in the heart of downtown Merced and is surrounded by several major redevelopment projects. Neighboring tenants in the area include Joystiq, Regal IMAX at Mainplace Merced, El Capitan Hotel, The Tioga Apartments, and the UC Merced Downtown Business Center. Ease of access to Highway 99 via the Martin Luthor King Jr. onramp and within walking distance to the planned Valley Rail High-Speed Train Station for the ACE Train Extension and CA High Speed Rail.
The City of Merced is experiencing high growth, largely driven by the University of California Merced Campus. The student body is currently around 10,000 students, with plans to grow to 15,000 by 2030 and potentially 25,000 when the campus is fully mature.
Location
State CA
County Merced
Zoning C-C
Interior
Fireplace No
Laundry None
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 031152007000
Financing Cash
Special Listing Condition Standard
Listed by Dan Del Real • Del Real Commercial • 209-285-9912
Bought with Eric Jaurique-Pouncey • BHGRE Everything Real Estate
Bought with Eric Jaurique-Pouncey • BHGRE Everything Real Estate
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