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2610 N State Highway 59 Merced, CA, 95348
$2,500,000 Commercial for sale Other
Are you looking for a multi-unit complex with all kinds of potential, well you can stop your search right here. This is a 12 unit complex, 2 buildings with 6 units in each. The units are almost 760 sq feet per unit. All units are 2 bed one bath. The total building space is 9507 sq ft. Each building has its on coin operated laundry, 2 in all. There has been a recent flood that has affected the lower 3 units of each building. Some repairs have been made but are selling the property as is in current condition. The 12 units were being remodeled at the time of the flood. there were 4 newer water heaters and 2 new tub/showers installed on units in the 2610 building and 6 new water heaters and 6 tubs/showers in the 2620 building. Only 1 unit is currently rented at this time. current rent on that unit is $1365 per month. All New doors and security doors were installed prior to flood. New flooring was also installed in some units. Owner also had new stairs and balcony entrance (deck) installed at a cost of around $80,000. All units have central Heat and Air. Each unit also has storage area. There is ample parking for 20 vehicles on paved parking area. This is a hard to find 12 unit complex so reach out today. Selling as is. Buyer to participate in a 1031 exchange at no cost to buyer. SELL
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Property details
9,096 sqft interior area
Land area
19,985 sqft (0.46 acres)
Days on Verhouse
418
Address
2610 N State Highway 59, Merced, CA, 95348
City of California
Merced
County
Merced
Year Built
1970
District
Listing
Nearby major retailers
Costco
Lowe's
Walmart
Wholesale: 1
Do it yourself: 1
Supermarket: 1
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Interior Features
Laminate floors
Floor Covering
Laminate
Garage & Parking
Other, Private, Side By Side
Amenities
Other
Listed by
Ronald Scanlon, Century 21 Select Real Estate
Name
Ronald Scanlon
License number
01956349
Brokerage company
Century 21 Select Real Estate
MLS #
CRMC23048755
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Calculate your monthly payments
Mortgage
$7,676
Taxes
$0
HOA dues
$0
Mortgage
$500,000 / 20%
2.28%
30 years
Your amount
$7,676 / month
Lot details
TMK #058140010000
Lot Description
Paved
Parcel nr.
058140010000
95348 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
—
no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 95348
51%
Families with children
National average: 39%
30%
Non family households
103,060
Population
$66,228
Average Income
Age & gender
Median age 29 years
More info
Commute types
87% commute by car
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Education level
23% have high school education
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Number of employees
10% work in education and healthcare
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Vehicles available
33% have 2 vehicle
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Vehicles by gender
33% have 2 vehicle
More info
Housing market insights for
$376.31k
Neighborhood average
sales price*
sales price*
$365k
Neighborhood median
sales price*
sales price*
217
Number
of sales*
of sales*
Housing type
70% are single detacheds
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Rooms
37% of the houses have 4 or 5 rooms
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Bedrooms
62% have 2 or 3 bedrooms
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Owners vs Renters
55% are renters
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6.33 / 20
Below Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
For sale Jan 2, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 2, 2024 | For sale | $2,500,000 | 0 | MLS #CRMC23048755 |
| Jan 1, 2024 | Unavailable | $2,500,000 | 0 | MLS #CRMC23048755 |
| Mar 24, 2023 | New Listing | $2,500,000 | 0 | MLS #CRMC23048755 |
Taxes of 2610 N State Highway 59, Merced, CA, 95348
R-3- zoning / MLS #CRMC23048755
Zoning
R-3-
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Frequently Asked Questions about 2610 N State Highway 59
What is 2610 N State Highway 59?
2610 N State Highway 59 is a Commercial/Industrial propertywith 9,096 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
2610 N State Highway 59, Merced, CA, 95348.
What comparable properties are nearby?
Comparable nearby commercial properties include 1407 W 16th St, 661 W 16th St, 140 Macready Dr, 6860 Walnut Ave, 1385 E Robertson Blvd, 20650 Road 21.
Based on information from the bridgeMLS as of 05-14-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Mar 16, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Walmart, 0.43 miles away and Grocery Outlet, 0.77 miles away.
The 95348 zip area has a population of 103,060, and 51% of the families have children. The median age is 29.73 years and 87% commute by car. The most popular housing type is "single detached" and 55% is renter.
