For Sale
$5,053,000

402 Mercy Ave Merced, CA 95340

Prime Merced location, development-ready

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional mixed-use property in Merced, CA, offers a unique investment opportunity. Located at 402 Mercy Ave, 95340, this 71,810 sq ft lot boasts 30,000 sq ft of existing development, currently housing the Heart Association and G.V.H.C. The property is ideally situated near Mercy Hospital, Merced College, and UC Merced, benefiting from high visibility and convenient access. All necessary permits are approved, and infrastructure is complete, including utility loops, finished sidewalks, and a fully constructed parking lot. A 6-foot wall with landscaping enhances privacy and curb appeal. The asking price is $5,053,000, representing a land value of $4,843,286 per acre (APN: 231200002000). This development-ready site is perfect for medical offices, restaurants, or retail establishments, capitalizing on the thriving commercial growth in the area, including the recently completed Yosemite Crossing Plaza. While the current infrastructure supports immediate development, any significant modifications or expansion beyond the existing lot size may require updated traffic counts and permits. This high-traffic location presents an unparalleled chance to establish a successful business in a prime Merced County setting.

Highlights

  • Exceptional mixed-use investment opportunity in Merced, CA.
  • 71,810 sq ft lot with 30,000 sq ft of existing development (housing Heart Association & G.V.H.C.).
  • Prime location near Mercy Hospital, Merced College, and UC Merced, offering high visibility and accessibility.
  • Fully permitted and improved with utilities, sidewalks, and parking lot; 6-foot landscaped wall.
  • Asking price: $5,053,000; land value: $4,843,286 per acre (APN: 231200002000).
  • Ideal for medical, retail, or restaurant uses; near Yosemite Crossing Plaza.

Property Details for 402 Mercy Ave

Property type
Retail properties, Office properties

Location Insight

City
Merced
County
Merced
State
California
Latitude
37.338285
Longitude
-120.465443

FAQs

What type of property is this?
Retail property - Prime Merced location, development-ready
Where is the retail property located?
The property is located at 402 Mercy Ave Merced, CA.
What is the asking price?
The asking price for this property is $5,053,000.
What are key features of this property?
This property features: Exceptional mixed-use investment opportunity in Merced, CA.; 71,810 sq ft lot with 30,000 sq ft of existing development (housing Heart Association & G.V.H.C.).; Prime location near Mercy Hospital, Merced College, and UC Merced, offering high visibility and accessibility.
How can I contact the broker?
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402 Mercy Ave
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