62 West 16th Street
$395,000
21,760 / 0.50
Description
Discover an exceptional investment opportunity with this prime commercial land located on the bustling W 16th Street in Merced. Perfectly situated for maximum visibility and accessibility, this vacant lot is ideal for investors and developers looking to capitalize on the high traffic and strategic location. The property, listed at $395,000, spans 21,760 square feet (0.5 acres) and is zoned C-G (Commercial General). It comes with an approved City of Merced Site Plan Review for a 3,527 square foot...Discover an exceptional investment opportunity with this prime commercial land located on the bustling W 16th Street in Merced. Perfectly situated for maximum visibility and accessibility, this vacant lot is ideal for investors and developers looking to capitalize on the high traffic and strategic location. The property, listed at $395,000, spans 21,760 square feet (0.5 acres) and is zoned C-G (Commercial General). It comes with an approved City of Merced Site Plan Review for a 3,527 square foot building, featuring a full commercial kitchen and a double lane drive-through. Additionally, the site includes a 447 square foot dining patio with a charming trellis, making it perfect for a restaurant or fast food outlet. Located on a main street, this property benefits from significant foot and vehicle traffic. The Walk Score of 90 indicates that this area is a walker's paradise, while the Bike Score of 66 shows it's also bike-friendly. Public transportation options are abundant, with multiple bus routes serving the area, ensuring easy access for both customers and employees. Nearby amenities include several stores and restaurants, enhancing the property's attractiveness. For instance, Family Dollar is just down the street, along with a variety of other dining and shopping establishments within walking distance. The area is also home to several educational institutions, including John Muir Elementary, Herbert Hoover Middle School, and Merced High School, making it convenient for families. This commercial lot offers a lucrative opportunity for savvy investors or developers. The strategic location on a main street, combined with the approved site plans, positions this property as a prime candidate for a high-traffic commercial establishment. Whether you're envisioning a bustling restaurant, a convenient fast food outlet, or another commercial venture, this lot provides the perfect canvas for your vision. Don't miss out on this chance to invest in a rapidly growing area with high visibility and easy accessibility.
- Listed by Alex Rouzbahani • DRE #01424339 • Brokerage DRE #01458187 • Keller Williams Studio City
Property Details for 62 West 16th Street
Zoning
C-G
Parcel Number031360063000
Area7097
Lot Size Area21760
Source Lot Size AreaAssessor
Assessor Parcel Number031-360-063-000
DirectionsOn 16th St. Between G st. and Martin Luther King Jr Way
LISTING UPDATED: 08/04/2024 12:01 AM
Property Details for 62 West 16th Street
Status | Active |
---|---|
MLS # | 24-420849 |
Days on Compass | 113 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Land |
MLS Type | Land Lot |
Year Built | - |
Lot Size | 0.50 AC |
County | Merced County |
Building Information for 62 West 16th Street
Lot Size0.50 AC
Property Information for 62 West 16th Street
Property History for 62 West 16th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 62 West 16th Street
This home is within Merced City Elementary School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | 7 to 8 | |||
Public - | 9 to 12 | |||
Public - | 3 to 6 |
Rating | School | Distance |
---|---|---|
John Muir Elementary School PublicK to 6 | ||
Herbert Hoover Middle School Public7 to 8 | ||
Merced High School Public9 to 12 | ||
Joe Stefani Public3 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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