62 West 16th Street Merced, CA ^$ 495,000

62 West 16th Street

^$ 495,000

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62 West 16th Street

Merced, CA, 95340

^$ 495,000

Studio Baths0.0

Monthly Estimate*

^$ 3,458

62 West 16th Street, Merced, CA 95340 - Image 1

62 West 16th Street, Merced, CA 95340 - Image 2

62 West 16th Street, Merced, CA 95340 - Image 3

62 West 16th Street, Merced, CA 95340 - Image 4

62 West 16th Street, Merced, CA 95340 - Image 5

62 West 16th Street, Merced, CA 95340 - Image 6

Studio

Lots and Land for sale in Merced, CA

for $495,000. The lot size is 0.5.

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.

Lots and Land Active

Price

^$ 495,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 0

Style

Lot Size

0.5

Town/City

Merced

County/Region

Merced

MLS | Web ID

0023332813

Features

General

Zoning C-G

County Merced

New Construction No

Property Type D

HOA / Comm Assn No

Status Active

City Merced

Buyer Agent Compensation 2.50

View Y/N No

Senior Community Y/N No

Lot Size Square Feet 21760.0

Street Name 16th

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Water Source None

Lot Size Area 21760.0

Lot Size Acres 0.5

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Street Suffix Street

Total Baths 0

* Excluded Features

List By

Alex Rouzbahani

Listing Agent

Keller Williams Studio City

Broker

Affordability Calculator

$3,458

Per Month

Monthly Principal & Interest: $3,458
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in Merced, CA

Average List Price ^$1,790,696

Percent of Sale Price 262%

About Merced, CA

84,061 Population

29% Since 2002

^$39,961 Median Income

31.46 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/23/2024	$495,000	-16.10%	Price Down
11/17/2023	$590,000		Listed Price

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62 West 16th Street, Merced, CA, 95340 is a Lots and Land for sale at $495,000 with a lot size of 0.5. 62 West 16th Street is a studio with 0.0 baths. The property's zip code is 95340 which is in Merced, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/20/2024. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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62 West 16th Street

Lots and Land for sale in Merced, CA

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