62 16th St, Merced, CA, 95340

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for sale

$495,000

Lot Size:	0.50 Acres
Status:	Active
MLS #:	23332813
Date Updated:	4/28/2024

For information contact:
Tinetti Realty Group
209-384-3885

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Go See This Property

Great opportunity for investors and developers! This prime commercial land is now available at a newly revised price, offering an even more attractive investment opportunity to bring your visionary projects to life. Discover a golden opportunity with this vacant lot in Merced, located on a busy street, perfect for high visibility and accessibility. This property comes with an approved City of Merced Site Plan Review for a 3,527 square foot building, featuring a full commercial kitchen and drive-through. Additionally, it boasts a 447 square foot dining patio with a charming trellis, enhancing its appeal. Ideal for a restaurant or fast food outlet and site is approved for a double lane drive-through. this lot promises a blend of convenience and style in a bustling area, offering a lucrative venture for savvy investors or developers.

Exterior Details
Lot Size Acres: 0.4995	Lot Size Square Feet: 21760.00
View: None

Community Information
County Or Parish: Merced	Directions: On W 16th St. between Martin Luther King and G St.
Senior Community YN: 0	Zoning: C-G

Property Information From MLS Data
Parcel Number: 031360063000	Property Type: Land

Listing Information Courtesy of:

List Agent First Name: Alex

List Agent Last Name: Rouzbahani

List Office Name: Keller Williams Studio City

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Monthly Payment for 62 16th St

This is an estimated monthly mortgage payment. Your actual financing will vary depending on your lender, local taxes, credit score and other factors.

Price:	$495,000
Down Payment:
Loan Amount:	$396,000
Loan Type:	30 year fixed at %
Principal & Interest:
Property Taxes:	(1.5%)
Homeowner's Insurance:
Total Payment:

Listing courtesy of Alex Rouzbahani, Keller Williams Studio City

Information obtained from CACRMLS is current as of 4/28/2024 2:07 AM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Status Explained

Multiple Listing Services use a variety of statuses with their listings, and sometimes a combination of statuses. Below is a list of common terms you may see.

Status	Meaning
Active	Available for purchase
Active with Contract Backup Contingent Cont Continue to Show Pending Under Deposit Under Contract	Available but the listing has an offer on it and is being displayed to solicit backup offers. You may be able to make an offer but you will be competing with another buyer. Contact an agent to discuss making an offer.
Back On Market	Available. The listing was previously unavailable
Cancelled Closed Sold Expired Off Market Withdrawn	No longer available.
New	Available, recently listed
Price Raised Reduced Changed	Available and has recently had a price change
Short Short Sale	Available but requires a bank approval for any offer

Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Connecting with Buyers and Sellers

Tinetti Realty Group is a full service Real Estate Brokerage Firm for the Central Valley of California. Our goal is to find the perfect solution for your Real Estate needs. Our firm prides itself in having specialized agents for both Commercial and Residential Real Estate. Preview our listings and let one of our specialized agents assist you in finding the right property. If we don’t have it, we’ll find it!