1407 16th St, Merced, CA, 95340

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for sale

$1,500,000

Status:	Active
MLS #:	MC23225743
Date Updated:	4/28/2024

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

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Go See This Property

22 room motel for sale, located on a main artery of 16th St in Merced, zoned C-G, general commercial on a 32000 sf lot. Motel features two buildings, east side has a new roof, and some 2 car garages. Property sits with access to both "Main" St and 16th St. Creative multi unit housing provided here with 20 of the 22 units currently occupied (sans 2 rooms undergoing renovation). This business opportunity provides a sustainable income opportunity on a heavily trafficked road of 16th St very close to the proposed Ace Train station. https://hsr.ca.gov/high-speed-rail-in-california/station-communities/merced/ **OWNER FINANCING AVAILABLE WITH SUITABLE TERMS**. Possibility of positive cash flow in under 10 years! Be your own boss! Let's make it happen!

Exterior Details
Roof: Composition	Entry Level: 1

Community Information
County Or Parish: Merced	Directions: M St to R on 16th

Property Information From MLS Data
Business Type: Multi-Tenant	Number Of Buildings: 2
Property Sub Type: Hotel/Motel

Utilities
Utilities: Cable Connected	Water Source: Public
Heating: Wall Furnace

Listing Information Courtesy of:

List Agent First Name: Larrae

List Agent Last Name: Iencarelli

List Office Name: Century 21 Select Real Estate

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Monthly Payment for 1407 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:	$1,500,000
Down Payment:
Loan Amount:	$1,200,000
Loan Type:	30 year fixed at %
Principal & Interest:
Property Taxes:	(1.5%)
Homeowner's Insurance:
Total Payment:

Listing courtesy of Larrae Iencarelli, Century 21 Select Real Estate

Information obtained from CACRMLS is current as of 4/28/2024 6:49 PM. 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!