1785 E 21st Street,Merced, CA 95340
Merced, CA 95340
Description
Exceptional investment and development opportunity in Merced featuring four income-producing properties being sold together across two separate APNs, 034-121-013 (1785 E. 21st Street) and 034-121-020 (1799 E. 21st Street). This unique offering benefits from a shared City of Merced water meter while each building maintains its own PG&E meter, creating operational flexibility for future ownership. The 1799 E. 21st Street parcel includes an approximately 1,930 square foot main storefront with convenient front parking and access to a larger shared lot, along with an additional corner property at 1005 Keely Avenue totaling approximately 1,224 square feet that is currently leased to a Booster Club and previously operated as a bar for many years. In addition, there is a separate single-family residence at 2149 Keely Avenue offering approximately 1,095 square feet with 2 bedrooms and 1 bath that has been occupied by a long-term tenant. The 1785 E. 21st Street parcel, also available under MLS #MC26094181, is leased to a long-standing small engine repair and sales business and features an approximately 1,200 square foot main building, a large parking lot, an additional approximately 1,450 square foot storage or mixed-use structure with loading ramp, and a smaller detached work or storage area of approximately 300 square feet. With multiple income streams, established tenants, and a versatile mix of commercial and residential uses, this property presents strong potential for investors or developers seeking value-add opportunities in a growing area. The same tenant has been leasing this for many years! Both Parcels must be purchased together with total price being $799,000. Buyer to investigate and verify all information with appropriate municipalities.
Details
| MLS # | MC26095315 |
|---|---|
| Listing Type | For Sale |
| Style | Specialpurpose |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 107 |
| Listing Provided By | Concierge Real Estate Services | Scott Oliver |
Features
| SQ Feet | 1,200 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Units | 1 |
| Building(s) | 1 |
| Zoning | C-2 |
| Acreage | 0.17 |
Interior
| Heating | Central, Forced Air, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
Exterior
| Roof | Elastomeric, Metal |
|---|---|
| Security Features | Prewired, Smoke Detectors, Window Bars |
| Construction Materials | Frame, Stucco |
| Lot Features | Zero To One Unit Acre, Level, No Landscaping, Near Public Transit, Paved, Rectangular Lot |
| Fencing | Chain Link, Good Condition, Wrought Iron |
Utilities
| Utilities | Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities |
|---|---|
| Electric | Electricity On Property, Standard, Volts220In Workshop |
Area Information
| State | CA |
|---|---|
| County | Merced |
| City | Merced |
| Zip Code | 95340 |
| Listing VS Median (in 95340) | |
Price: $799,000 low | high Med: $799,000 sqft: 1,200 low | high Med: 4,270 $ / sqft: $666 low | high Med: $187 On site: 107 low | high Med: 107 | |
Market Activity 95340
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Learn More About This Property
| State | CA |
|---|---|
| County | Merced |
| City | Merced |
| Zip Code | 95340 |
| Listing VS Median (in 95340) | |
Price: $799,000 low | high Med: $799,000 sqft: 1,200 low | high Med: 4,270 $ / sqft: $666 low | high Med: $187 On site: 107 low | high Med: 107 | |