2674 Vassar Ave - Refrigeration Cold Storage FOR SALE


Merced, CA 95341
$15,800,000 USD
209-769-4898
2674 Vassar Ave, Merced, CA for Sale
$15,800,000 USD
Refrigeration Cold Storage - FOR SALE
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2674 Vassar Ave
Merced, CA 95341


OVERVIEW

Formerly used as a grocery warehouse / distribution facility. Roughly 249,511 SF of Bldgs on 61.76 fenced acres (2 parcels) zoned M-2 in the County. There are several acres of pavment for large trucks and employee parking. Lots of excess acreage on which to build new buildings and/or do industrial outdoor storage. FOR SALE for $15,800,000 or FOR LEASE for $.45 / SF NNN. Has roughly 132,453 SF of 'dry' warehousing + 94,008 SF of refrigerated warehousing (30 to 45 degrees) + 23,049 of Freezer space with a heated floor (-10 to 45 degrees). Refrigeration equipment may need some maintenance and repairs. Located adjacent to and visible from Hwy. 99. Easily accessable via the adjacent Mission Avenue-Campus Parkway Interchange. Clear heights vary from 15' to 35'. There are 37 dock high doors plus 8 grade level doors. There are 3 electrical services (2 MID + 1 PG & E). The primary service is provided by MID and is 8,000 AMP 480-277 3-Phase 4 wire. MID transformer can provide 2 MegaWatts of power. MID electricity is reputedly 50% less than the cost of PG & E electricity so this is a great opportunity for a company that needs a substantial amount of power.

FOR SALE DETAILS

PRICE

$15,800,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Refrigeration Cold Storage

ADD'L SUBTYPES

Distribution, Truck Terminal, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

UTILITIES

Lighting, Gas, Water, Sewer - City, Heating

CLEAR CEILING HT

35 Ft

DOCKS

40

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

61.76

LAND SF

2,690,266

ZONING

M-2

APN/PARCEL ID

066-031-008,066-031-013

ASK ABOUT THIS PROPERTY

Steve TinettiTinetti Realty GroupMore Info
209-769-4898

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Steve TinettiTinetti Realty GroupMore Info
209-769-4898

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