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 with approved plans for 3-additional buildings.
The site is located in the Merced Airport Industrial Park off Riggs Avenue and S West Aveune, about 1.2 miles from Highway 140, 1.3 miles from Highway 99 and 1.2 miles from Highway 59.
Coldwell Banker Commercial is pleased to offer 37.4 acres of prime development land comprised of two separate parcels located in the path of growth for the city of Merced.
The site is located just outside the city limits on the Bellevue Road Technology Corridor which provides direct access to the University of California Campus, Castle Commerce Center and Highway 99 via Campus Parkway Expressway.
The site is located between M Street and G Street, primary north/south arterial and Bellevue Rd, a primary east/west surface road. Highway 59 is 1 mile to the west, University of California Merced is 2.76 miles east, Merced College 1.84 Miles south.
Coldwell Banker Commercial is pleased to offer this Class A Office Space located in highly desirable North Merced location just a few blocks from Dignity Hospital.
Excellent street visibility, notable office park and ample parking.
Within walking distance to numerous ancilary servies including public transportation (The Bus and CalTracks), restaurants, fitness clubs and coffee shops.
Prime Office Real Estate opportunity located at the South West Corner of 18th and G Street adjacent from the East Campus Educational Center.
Excellent visibility on G Street in Merced’s Downtown District. Located blocks from the Merced Theatre, Main Place Merced, El Capitan Hotel, Hotel Tioga, Mainzer, and UC Merced Downtown Center projects.
Within walking distance to future Merced Station Site for access to ACE Train & High-Speed Rail.
The units have below-market rents which present a huge upside in income. Located in an Opportunity Zone, this property presents the opportunity for an investor to potentially defer, reduce, or pay zero on capital gains tax. Zoning is (C-O) Office Commercial.