1407 W 16th Street, Merced, CA 95340
sale
$1,500,000
|
Hospitality
Listed By CENTURY 21 Select Real Estate, Inc.
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!
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Property Features
- Common Area Factor: 0
- Cross Docks: N
- For Auction: N
- Location Name: 1407 W 16th Street , Merced
- MLSID: MC23225743
- Price Per Area: 0.00
- Price Upon Request: N
- Style: Other Style
- Sublease: N
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