62 West 16th Street

Merced, CA 95340

$395,000
Price
21,760 / 0.50
Lot Size / Acres
an aerial view of a city
a view of a garden with a bench
a view of sitting area with porch
a view of a chairs and tables in patio

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.
  1. Listed by Alex Rouzbahani • DRE #01424339 • Brokerage DRE #01828532 • eXp Realty of Greater Los Angeles

Property Details for 62 West 16th Street

Zoning
C-G
Parcel Number
031360063000
Area
7097
Lot Size Area
21760
Source Lot Size Area
Assessor
Assessor Parcel Number
031-360-063-000
Directions
On 16th St. Between G st. and Martin Luther King Jr Way
LISTING UPDATED: 08/07/2024 03:45 PM

Property Details for 62 West 16th Street

StatusActive
MLS #24-420849
Days on Compass144
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.50 AC
CountyMerced County

Building Information for 62 West 16th Street

Lot Size0.50 AC

Property Information for 62 West 16th Street

Community / Development
Community / Development
  • Senior Community: No
Structure Info
Structure Info
  • View: No
  • View Description: None
  • View: None
Contract Info
Contract Info
  • Probate: No
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: None
  • Lot Acreage: 0.4995
  • Lot Size Square Feet: 21760
  • Telephone: 0.0
  • Cable: 0.0
Parking Details
Parking Details
  • Total Parking: 0
Exterior Features
Exterior Features
  • New Construction: No
Lease Terms
Lease Terms
  • Entry Date: 07-29-2024

Property History for 62 West 16th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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
John Muir Elementary School
Public - K to 6
Herbert Hoover Middle School
Public - 7 to 8
Merced High School
Public - 9 to 12
Joe Stefani
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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More information about 62 West 16th Street, Merced, CA 95340

62 West 16th Street is a 0.50 ac of land for sale in Merced, CA 95340. This property was listed for sale on July 27, 2024 by eXp Realty of Greater Los Angeles, it's currently listed at $395,000. This listing's school districts are Merced City Elementary School District, Merced Union High School District. Nearby schools include John Muir Elementary School, Herbert Hoover Middle School and Merced High School. 62 West 16th Street is a 0-bed, 0-bath, 0.50 ac of land on a 21,760 sq. ft. / 0.50 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of Greater Los Angeles, Alex Rouzbahani, DRE #01424339

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.