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About the Listing mc1198 - MCOLIVSC
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 #MC26094181, 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 same tenant has been leasing this for many years! Both Parcels must be purchased together with total price being $799,000. Buyer to investigate and verify all information with appropriate municipalities.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Central,Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,Level,No Landscaping,Near Public Transit,Paved,Rectangular Lot,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 14
- Lot Dimensions: 50' x 150'
- Zoning: C-2
- Roof: Elastomeric,Metal
- Others: Frame,Stucco
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 034121013000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1785 E 21st St Merced, CA 95340
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