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1407 16th Street, Merced, CA 95340
Priced at Only: $2,000,000
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Address: 1407 16th Street, Merced, CA 95340
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1407 16th Street
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More Like This
  • MLS#: MC25236526 ( Hotel/Motel )
  • Street Address: 1407 16th Street
  • Viewed: 2
  • Price: $2,000,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 142
  • Additional Information
  • County: MERCED
  • City: Merced
  • Zipcode: 95340
  • Provided by: SVN Executive Commercial Advisors
  • Contact: Randy Randy
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Exceptional investment opportunity located on one of Merceds busiest and most visible corridors. The Gateway Motel offers consistent cash flow, strong tenant demand, and excellent long term upside potential. The Gateway Motel features 22 rooms plus an office, with 21 units currently rented between $800$1,200 per month. This income producing property includes a 15x11 studio, 10 storage rooms, and 2x2 garages. Enjoy peace of mind with new roofs, newer dual pane windows, and ample parking along one of Merceds busiest, high visibility streets, offering steady traffic and excellent exposure for continued occupancy. Located near downtown Merced, shopping, dining, and just minutes from UC Merced, this is an unbeatable opportunity to own a well positioned and income generating property in one of the citys most active corridors.
Features
Building Area Total
  1. 5500.00
Commoninterest
  1. None
Country
  1. US
Current Use
  1. See Remarks
Current Use Comments
  1. Motel.
Electric
  1. 220 Volts
Laundry Features
  1. None
Parcel Number
  1. 031094005000
Property Type
  1. Hotel/Motel
Water Source
  1. Public
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Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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