661 16th St, Merced, CA, 95340

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for sale

$3,100,000

Status:	Active
MLS #:	MC24064862
Date Updated:	5/1/2024

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

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Go See This Property

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.

Exterior Details
Entry Level: 1

Community Information
County Or Parish: Merced	Directions: From 16th St, turn right onto N St, property will be on the left.

Property Information From MLS Data
Number Of Buildings: 1	Property Sub Type: Business

Utilities
Water Source: See Remarks

Listing Information Courtesy of:

List Agent First Name: Aaron

List Agent Last Name: Vega

List Office Name: Tinetti Realty Group

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Monthly Payment for 661 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:	$3,100,000
Down Payment:
Loan Amount:	$2,480,000
Loan Type:	30 year fixed at %
Principal & Interest:
Property Taxes:	(1.5%)
Homeowner's Insurance:
Total Payment:

Listing courtesy of Aaron Vega, Tinetti Realty Group

Information obtained from CACRMLS is current as of 5/1/2024 6:01 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!