1799 E 21st St - Flex FOR SALE


Merced, CA 95340
$1,125,000 USD
209-777-2635
1799 E 21st St, Merced, CA for Sale
$1,125,000 USD
Flex - FOR SALE
1/52
null | Request Cap Rate

1799 E 21st St
Merced, CA 95340


OVERVIEW

Exceptional investment and development opportunity in Merced featuring four income-producing properties being sold together across two separate APNs, 034-121-013 (1785 E. 21st Street) and 034-121-020 (1799 E. 21st Street). This unique offering benefits from a shared City of Merced water meter while each building maintains its own PG&E meter, creating operational flexibility for future ownership. The 1799 E. 21st Street parcel includes an approximately 1,930 square foot main storefront with convenient front parking and access to a larger shared lot, along with an additional corner property at 1005 Keely Avenue totaling approximately 1,224 square feet that is currently leased to a Booster Club and previously operated as a bar for many years. In addition, there is a separate single-family residence at 2149 Keely Avenue offering approximately 1,095 square feet with 2 bedrooms and 1 bath that has been occupied by a long-term tenant. The 1785 E. 21st Street parcel, also available under MLS #MC26095315, is leased to a long-standing small engine repair and sales business and features an approximately 1,200 square foot main building, a large parking lot, an additional approximately 1,450 square foot storage or mixed-use structure with loading ramp, and a smaller detached work or storage area of approximately 300 square feet. With multiple income streams, established tenants, and a versatile mix of commercial and residential uses, this property presents strong potential for investors or developers seeking value-add opportunities in a growing area. The tenant in the home has been renting the property for many years. Buyer to investigate and verify all information with appropriate municipalities. Look up 1785 E. 21st Street for a complete description of the parcel next door. Seller wishes to sell both together.

FOR SALE DETAILS

PRICE

$1,125,000 USD

PRICE/SF

$263 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Soul Brothers Motorcycle Club

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Bar, Convenience Store, Health Club

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.42

LAND SF

18,295

ZONING

C-2

APN/PARCEL ID

034-121-013,034-121-020

ASK ABOUT THIS PROPERTY

Scott A OliverConcierge Real Estate ServicesMore Info
209-777-2635

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Scott A OliverConcierge Real Estate ServicesMore Info
209-777-2635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.