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1 North West Avenue $6,250,000

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    1 North West Avenue Merced, CA 95341

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    $6,250,000

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    • Commercial
    • MLS# 20005030
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    Property Details

    For Sale for $6,250,000 or For Lease for $.35/SF/mo. NNN. Located within an Opportunity Zone and the Merced Airport Industrial Park There is 125,000 m/l SF on the ground floor and 11,375 m/l SF on the second floor (offices, storage and mechanical rooms). Building is fully sprinklered and partially insulated and has 4,000 AMP electrical service provided by MID (reputedly 15% less expensive than PG&E). There are 3 recessed truck docks on the south side of the building and 2 recessed trucks on the north side of the building plus multiple grade level roll-up doors. Property has a large fenced and gated yard and curb cuts / driveways from West Avenue, Eagle Street and Condor Drive. Zoned IL (Light Industrial) and may be eligible for cannabis related businesses (Buyer to verify with the City of Merced). Located within close proximty and access to Highways 59, 99 and 140.

    • General Features
      • Lease Terms Lease Triple Net
      • Other Expenses Other-Rmks
      • Year Built 0
      • County IL - Light Industrial
    • Building Features
      • Air Conditioning Other-Rmks
      • Heat Other-Rmks
      • Amenities Other-Rmks
      • Construction Steel
      • Disability Features Other-Attch
      • Door Roll Up
      • Miscellaneous Ceiling Height 12Ft+
      • Loading Load Leveler, Loading Dock
      • Roof Description Metal
      • Floor Concrete Slab
      • Exterior Metal
    • Property Features
      • Location Airport Nearby, Public Trans Nearby
      • Parking Open, Uncovered

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    Neighborhood

    95341 (Merced) Demographics

    26 Median Age
    219 Population Density (per sq. mile)
    13% College Educated
    $32,957 Estimated Median Income
    3,382 Estimated Total Home Owners
    5,029 Estimated Total Renters
    40% / 60% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    32,787 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    43 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $6,250,000
        1/27/2020 8:45:00 PM New in Database Source

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        *This Payment Calculator is intended for educational and planning purposes only.
        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 5/28/2020 3:48:26 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.