710 W 18th St - Office FOR SALE


Merced, CA 95340- Downtown Merced
$2,250,000 USD
209-575-0231
710 W 18th St, Merced, CA for Sale
$2,250,000 USD
Office - FOR SALE
1/17
null | Request Cap Rate

710 W 18th St
Merced, CA 95340
Downtown Merced


OVERVIEW

Downtown Civic Plaza. Gorgeous building with fantastic visibility and traffic. 17 total rentable units, 15 are rented out. All office space with shared bathrooms. Long term tenants that would like to stay. Bankruptcy court sale with approval needed. Approximately 17k in income per month according to the leases we do have. Likely over 20k rent after filling vacancies. We don't have past financial statements, rent rolls, etc. We have all units now with property management and are collecting data as months go by. Year built, Exact Square footage, etc are estimated and unknown. Buyer to investigate.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$149 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Civic Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C-C

APN/PARCEL ID

031-131-007

ASK ABOUT THIS PROPERTY

Brian BrazealRE/MAX ExecutiveMore Info
209-575-0231

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Brian BrazealRE/MAX ExecutiveMore Info
209-575-0231

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