1725 West 16th Street, Merced, CA 95340

List Price

Property Description

45,176 m/l SF multi-tenanted metal warehouse building located on 3.0 acre parcel plus .3 acre storm drain parcel and zoned I-L (LIGHT INDUSTRIAL) potentially can accomodate a cannabis related usage (Buyer to verify with City Planning) . The Northern 20,950 SF portion (formerly VSI) is currently available for lease for $9,000 ($.43/SF) / month gross. Space is dock high and has 3 truck docks and 3 drive-in ramps. There is approximately 2,000SF of attractive office. Warehouse also includes a 20' x 40' refrigerated walk-in box. Warehouse is insulated (walls and ceiling). This comes with its own seperately fenced and gated yard area. Also available is a 12,000 SF warehouse space with an ADA restroom but no offices. It has a truck dock door and a drive-in ramp as well. Asking $5,400 ($.45/SF) / month gross. Gross Scheduled Rent annually when fully occupied is $232,276 (Price is 8.5 GRM) amd proforma NOI is $179,940 (9% Cap Rate at list price).

Mortgage Calculator

Amount of Loan
Annual Interest Rate
Term of Loan

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Tinetti Realty, .

metrolist logo

All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2019 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information.

Terms of Use