2050 16th st Local commercial 214 m² 100 % Loué À vendre Merced, CA 95348 438 950 € (2 054,27 €/m²)

• Situated on a 2-parcel lot, this single tenant building is designed for restaurant use and boasts a large parking lot and monument sign.
• This property is positioned conveniently at both the entrance to and exit from southbound Highway 99 as you enter the City of Merced.
• The longstanding restaurant tenant, who has been an occupant since 1982, is currently on a month-to-month below market lease, offering flexibility for an investor to increase the return on investment.
• Ideal for an owner/user aiming to establish their own distinctive restaurant concept, or a gas station developer seeking a prime highway location near an entrance or exit.
• The parcel has sufficient space to accommodate the construction of additional buildings or a drive-thru, subject to zoning considerations.