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2674 Vassar Avenue, Merced, CA 95341

ST
CA 00475070
Tinetti Realty Group
Listed by Tinetti Realty Group
$15,800,000
52 days on market
Updated 28 days ago

2674 Vassar Avenue

Details
APN 066-031-008 and 066-031-013
Property Type Industrial
Sub Type Distribution, Warehouse (+1)
Square Footage 249,511
Net Rentable (SqFt) 249,511
Tenancy Vacant
Lease Type NNN
Broker Co-Op True
Year Built 1970
Year Renovated 2010
Buildings 2
Stories 1
Acreage 61.760
Zoning M-2 Merced County
Investment Type Owner/User
Ground Lease No
Loading Docks 35
Dock High Doors 37

About This Property

Marketing description

Formerly used as a grocery warehouse / distribution facility. Roughly 249,511 SF of Bldgs on 61.76 fenced acres (2 parcels) zoned M-2 in the County. There are several acres of pavment for large trucks and employee parking. Lots of excess acreage on which to build new buildings and/or do industrial outdoor storage. Competitvely Priced FOR SALE for $15,800,000 or FOR LEASE for $.45 / SF NNN. Has roughly 132,453 SF of 'dry' warehousing + 94,008 SF of refrigerated warehousing (30 to 45 degrees) + 23,049 of freezer space with a heated floor (-10 to 45 degrees). Refrigeration equipment may need some maintenance and repairs. Located adjacent to and visible from Hwy. 99. Easily accessable via the adjacent Mission Avenue-Campus Parkway Interchange. Clear heights vary from 15' to 35'. There are 37 dock high doors plus 8 grade level doors. There are 3 electrical services (2 MID + 1 PG & E). The primary service is provided by MID and is 8,000 AMP 480-277 3-Phase 4 wire. MID transformer can provide 2 MegaWatts of power. MID electricity is reputedly 50% less than the cost of PG & E electricity so this is a great opportunity for a company that needs a substantial amount of power.

Investment highlights

Centrally located in nation's most productive agricultural region

Adjacent to Highwy 99 'California's Main Street' and close proximity to Highways 59 and 140

Easy access to San Francicso Bay Area, Los Angeles and Sacramento

Very competively priced with 8,000 Amps of inexpensive electricity vis a' vis, Mered Irrigation District

Extra land on which to build additional buildings and/or provide industrial outdoor storage

Listing Contacts

ST
CA 00475070
Tinetti Realty Group
Listed by Tinetti Realty Group

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Additional Information

Name
Steve Tinetti
License
00475070
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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