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    196 Riggs Avenue

    Merced, CA 95341
    • $999,999
    • STATUS: Pending
    • ON SITE: 61 days
    • ID#: MC20199369
    Pending
    UPDATED: 50 min ago
    $999,999
    • 0
      BEDS
    • 2.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,800
      SQFT
    • $208
      $/SQFT
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Coldwell Banker Commercial is pleased to present the opportunity to acquire a prime industrial building and development opportunity at 196 Riggs Avenue in the city of Merced, CA. The property features an existing 4,800 square foot warehouse building on 2.1 acres with approved plans for 3-additional buildings. The site is located in the Merced Airport Industrial Park off Riggs Avenue and S West Avenue, about 1.2 miles from Highway 140, 1.3 miles from Highway 99, and 1.2 miles from Highway 59. Tenant has a Franchise agreement that ends in October of 2021 and is willing to complete a sale/leaseback for the remainder of the agreement term.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T08:26:04.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

    www.isabelvelez.com/homes/110319522
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    196 Riggs Avenue Merced, CA 95341

    • Price: $999,999
    • Status: Pending
    • Updated: 50 min ago
    • ID#: MC20199369
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.1
    Acres
    4,800
    SQFT
    $208
    $/SQFT
    County:
    Merced
    Property Description
    Coldwell Banker Commercial is pleased to present the opportunity to acquire a prime industrial building and development opportunity at 196 Riggs Avenue in the city of Merced, CA. The property features an existing 4,800 square foot warehouse building on 2.1 acres with approved plans for 3-additional buildings. The site is located in the Merced Airport Industrial Park off Riggs Avenue and S West Avenue, about 1.2 miles from Highway 140, 1.3 miles from Highway 99, and 1.2 miles from Highway 59. Tenant has a Franchise agreement that ends in October of 2021 and is willing to complete a sale/leaseback for the remainder of the agreement term.
    Exterior Features

    Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Laundry YN No Leasable Area Units Square Feet Living Area Source Builder Max Total Area Units Square Feet Min Total Area Units Square Feet Occupancy Occupied Property Sub Type Industrial Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Daniel Del Real of Cb Commercial, Gonella Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-24T08:26:04.21. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Veléz Team | Coldwell Banker. Licensed in the State of California, USA.

     
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