1407 W 16th Street, Merced, CA
Others for Sale - $1,500,000


Property Info
CIMLS# | 1152736 |
Location 1407 W 16th Street Merced CA 95340 | |
Updated | March 25th, 2024 |
Type | Others |
Price | $1,500,000 |
Property Description
22 room motel for sale, located on a main artery of 16th St in Merced, zoned C-G, general commercial on a 32000 sf lot. Motel features two buildings, east side has a new roof, and some 2 car garages. Property sits with access to both Main St and 16th St. Creative multi unit housing provided here with 20 of the 22 units currently occupied (sans 2 rooms undergoing renovation). This business opportunity provides a sustainable income opportunity on a heavily trafficked road of 16th St very close to the proposed Ace Train station. https://hsr.ca.gov/high-speed-rail-in-california/station-communities/merced/ **OWNER FINANCING AVAILABLE WITH SUITABLE TERMS**. Possibility of positive cash flow in under 10 years! Be your own boss! Let's make it happen!