1785 E 21st Street, Merced, CA 95340

Description

Exceptional investment and development opportunity in Merced featuring four income-producing properties being sold together across two separate APNs, 034-121-013 (1785 E. 21st Street) and 034-121-020 (1799 E. 21st Street). This unique offering benefits from a shared City of Merced water meter while each building maintains its own PG&E meter, creating operational flexibility for future ownership. The 1799 E. 21st Street parcel includes an approximately 1,930 square foot main storefront with convenient front parking and access to a larger shared lot, along with an additional corner property at 1005 Keely Avenue totaling approximately 1,224 square feet that is currently leased to a Booster Club and previously operated as a bar for many years. In addition, there is a separate single-family residence at 2149 Keely Avenue offering approximately 1,095 square feet with 2 bedrooms and 1 bath that has been occupied by a long-term tenant. The 1785 E. 21st Street parcel, also available under MLS #MC26094181, is leased to a long-standing small engine repair and sales business and features an approximately 1,200 square foot main building, a large parking lot, an additional approximately 1,450 square foot storage or mixed-use structure with loading ramp, and a smaller detached work or storage area of approximately 300 square feet. With multiple income streams, established tenants, and a versatile mix of commercial and residential uses, this property presents strong potential for investors or developers seeking value-add opportunities in a growing area. The same tenant has been leasing this for many years! Buyer to investigate and verify all information with appropriate municipalities.

Property Information

Property Features

Financial Details

Directions

South on G Street, left on E. 21st Street, on the left just before Keely Ave. Cencal Small Engine Repair.

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