2773 N State Highway 59
Merced, CA, 95348
$
15,995,000
Bedrooms--
Baths--
Sq
199,471
Monthly Estimate*
$
98,484
for $15,995,000. This 199,471 square foot building was built in 1969 on a lot size of 22.3.
Just under 200,000 SF of buildings on 22.3 acres. Has 8.27+/- acres of excess buildable land on which to build additional buildings or provide Industrial Outdoor Storage . Gross Scheduled rent as of 1-1-26 was $133,606.68 /month = $ 1,603,280.00 / year. Bldg. A consists of a free standing 7,126 SF office building + a new (built 2021) 2,400 SF metal shop bldg. Leased on a modified gross basis. Landlord pays Base Yr. Operating Expenses and Tenant pays its prorata share of increase over the Base Yr. with exception that Tenant pays all of taxes for new shop Bldg. COLAs in January based on increase in CPI but never less than 3% or greater than 8% / year. Tenant currently pays $10,244.30/ month ($9,204.83 Base Rent +$1,039.50 CAMs. Bldg. B is a 15,300 SF standalone fully sprinklered metal bldg. with an attached 240 SF office. Bldg.has minimum 22' clear height and has 8 roll-up doors (4@ on east and west sides of Bldg.). Tenant pays $12,508.84 / month ($10,810.37 Base Rent + $1,698.47 NNNs). Bldg. C is a 70,902 SF fully sprinklered metal bldg. with 8 recessed truck docks and 3,000 AMP electrical service provided by MID(purportedly costs less than 50% of PG & E). Tenant currently pays $43,711.99 / month ($ 38,537.58 Base Rent + $7,174.41 NNNs). Tenant wants to sub-let he building. Bldg. D is a fully sprinklered, concrete tilt-up with 24' clear height under roof trusses and 2,000 AMP electrical service provided by MID. Solar panels on south facing roofs of both Bldgs. C & D provide an additional 750KW on average / month into Bldg. D's meter. Inside of D are 2 x 12,544+/- SF refrigerated walk-in boxes that can be maintained at 40 degrees temperature. Bldg. D just became available for lease in March and the asking rent is $.55/SF NNN (the NNNs are $.10 / SF). Owner occupies 5,240 SF metal shop attached to west end of Bldg D and is willing to either vacate at close of escrow or lease back at $3,406 / month ($.65/SF). Owner has just spent $1M+/- to flood proof buildings. The property is fully fenced and can be accessed via electronic gates from both Highway 59 and Cooper Avenue. Bldgs. C & D combined represent roughly 170,000 SF of competetively priced continuous space with 5,000 AMPs of inexpensive electricty.
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Features
General
Sewer
Public Sewer
Heating
See Remarks
Cooling
See Remarks
Utilities
Cable Available
Sewer Connected
Telephone
Telephone Switch
Roof
Tile
Metal
Construction Materials
Metal
Steel
Concrete
Tilt-Up
Wood
Year Built
1969
Electric
400+ Amp Service
3 Phase
Separate Electric Meter
Tenant Pays
Common Area Maintenance
Sewer
Electricity
Taxes
Trash Collection
Water
Individual Meters
Insurance
Janitorial Services
Maintenance
Stories Count
1
Topography
Level
Property Subtype
Industrial
Current Use
Varies by Unit
Location
Public Transportation Nearby
Industrial Area
Warehouse
See Remarks
Business Type
Other
County
Merced
Property Type
Commercial Sale
Building Features
Major Tenant
Over 18 Ft Ceilings
Clear Height
Cold Storage
Hydrant(s)
See Remarks
Close Price
0.0
Status
Active
Directions
From southbound 99 take the 16th Street exit and turn left (north) on Hwy 59. Take first driveway on the left (west) side of the highway
City
Merced
Zoning Description
I-H Heavy Ondustrial
Number Of Units Total
5
MLS Area
20407
Lot Size Square Feet
971388.0
Property Condition
Exterior-Very Good
Interior-Very Good
Ok to Lease
Other
Structure Type
Industrial
Warehouse
Manufacturing Facility
Standard Status
Active
Year Built Source
Owner
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Interior
Walls
Metal
Paneled
Plaster
Flooring
Concrete Slab
0
Office Area
0
Total Stories
0
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Exterior
Parking Features
Common Area Shared
Exclusive
Fenced
Lighted
Water Source
Public
Total Parking
0.0
Foundation Details
Concrete
Slab
Number of Buildings
5
Building Area Total
199471.0
Lot Size Acres
22.3
Lot Size Source
Assessor Agent-Fill
Road Frontage Type
City Street
Highway Frontage
Parking Ratio
0.0
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* Excluded Features
List By
stinetti@mercedrealestate.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $98,484
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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
Commerical listings in Merced, CA
Average List Price
$2,944,707
Percent of Sale Price
82%
About Merced, CA
84,061
Population
29%
Since 2002
$
39,961
Median Income
31.46
Median Age
38%
Households with Children
Trends Information provided by ATTOM Data Solutions.
295416
Elementary School
295437
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
1/12/2026
|
$15,995,000
|
|
Listed Price
|