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.
Property Details
Price:
$395,000
MLS #:
24420849
Status:
Active
Baths:
0
Address:
62 W 16th Street 031360063000
Type:
Land
City:
Merced
Listed Date:
Jul 27, 2024
State:
CA
ZIP:
95340
Lot Size:
21,760 sqft / 0.50 acres (approx)
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- Address62 W 16th Street 031360063000 Merced CA
- CityMerced
- CountyMerced
- Zip Code95340
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Courtesy of eXp Realty of Greater Los Angeles. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
62 W 16th Street 031360063000
Merced, CA
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