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661 W 16th St Merced, CA, 95340
$3,100,000 Commercial for sale Comm Ind For Sale
Introducing an unbeatable business opportunity in downtown Merced - a prime corner location in one of the most bustling areas! This commercial real estate has unparalleled visibility, located on the corner of N St and 16th St, making it an excellent investment. This property has the inclusion of a casual eatery with a convenient drive-thru and outside dining, along with private parking lot, a rarity in downtown Merced! With a spacious total area of 14,889 square feet, there is plenty space to bring your vision to life.
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Property details
14,889 sqft interior area
Land area
14,889 sqft (0.34 acres)
Days on Verhouse
43
Address
661 W 16th St, Merced, CA, 95340
City of California
Merced
County
Merced
District
Listing
Nearby major retailers
Costco
Lowe's
Walmart
Wholesale: 1
Do it yourself: 1
Supermarket: 1
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Interior Features
—
Utilities Included
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Listed by
Aaron Vega, Tinetti Realty Group
Name
Aaron Vega
License number
01807208
Brokerage company
Tinetti Realty Group
MLS #
CRMC24064862
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Calculate your monthly payments
Mortgage
$9,518
Taxes
$0
HOA dues
$0
Mortgage
$620,000 / 20%
2.28%
30 years
Your amount
$9,518 / month
Lot details
TMK #031134021000
Parcel nr.
031134021000
95340 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 95340
51%
Families with children
National average: 39%
28%
Non family households
103,060
Population
$66,228
Average Income
Age & gender
Median age 30 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
9% 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
$364.94k
Neighborhood average
sales price*
sales price*
$357k
Neighborhood median
sales price*
sales price*
247
Number
of sales*
of sales*
Housing type
72% are single detacheds
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Rooms
37% of the houses have 4 or 5 rooms
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Bedrooms
63% have 2 or 3 bedrooms
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Owners vs Renters
53% are renters
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17 / 20
Most Walkable
►
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
New Listing Apr 2, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 2, 2024 | New Listing | $3,100,000 | 0 | MLS #CRMC24064862 |
| Jan 1, 2024 | Unavailable | $3,100,000 | 0 | MLS #CRMC23123282 |
| Dec 17, 2023 | For sale | $3,100,000 | 0 | MLS #CRMC23123282 |
| Dec 17, 2023 | Price Increase | $3,100,000 +3.33% | 0 | MLS #CRMC23123282 |
| Oct 24, 2023 | Unavailable | $3,000,000 | 0 | MLS #CRMC23123282 |
| Oct 16, 2023 | Price Increase | $3,000,000 +15.38% | 0 | MLS #CRMC23123282 |
| Jul 12, 2023 | New Listing | $2,600,000 | 0 | MLS #CRMC23123282 |
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Frequently Asked Questions about 661 W 16th St
What is 661 W 16th St?
661 W 16th St is a Commercial/Industrial propertywith 14,889 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
661 W 16th St, Merced, CA, 95340.
What comparable properties are nearby?
Comparable nearby commercial properties include 2610 N State Highway 59, 140 Macready Dr, 6767 California St, 6860 Walnut Ave, 3400 E Pacheco Blvd, 1385 E Robertson Blvd.
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: Apr 02, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are El Porvenir, 0.34 miles away and Cardenas Markets, 0.44 miles away.
The 95340 zip area has a population of 103,060, and 51% of the families have children. The median age is 30.04 years and 87% commute by car. The most popular housing type is "single detached" and 53% is renter.
