3345 M St, Merced, CA, 95348

3345 M St, Merced, CA, 95348 < >
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for sale
$2,350,000
Year Built:1986
Status:Active Under Contract
MLS #:MC19230485
Date Updated:
For information contact:
Janet Bamford
2093832171
Coldwell Banker Gonella Realty
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Go See This Property
Great pride of ownership is evident in this Rascal Creek Professional Park. 22,500 +/- sq.ft. of Office Condo Units and common area offered for bulk sale. This is a total of 10 units (3327 M St, Suites A & C, 3333, 3335, 3337, 3339, 3343, 3341 and 3345 M Street) Majority of the Tenants are general office use but space of medical use is available. Per the Owner, all units are equipped with ADA compliant bathrooms. 92 parking spaces serve the complex. HVAC units have been serviced on a regular basis; one unit may need to be replaced soon. Current leases are modified gross type lease agreements. Some Tenants have long term lease agreements, approx. 8,000 sq.ft. is leased on a month to month basis. Great upside income potential since the average per square foot price is below market rents.
Community Information
County Or Parish: MercedDirections: From Olive Ave, drive north on M Street, just past Loughborough Drive, turn left into driveway at Rascal Creek Professional Park, properties are located at the back on the right hand side.

Property Information From MLS Data
Property Sub Type: OfficeYear Built: 1986

Utilities
Water Source: Public

Listing Information Courtesy of:
List Agent First Name: Dan
List Agent Last Name: Gallagher
List Office Name: CB Commercial, Gonella Realty

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Information obtained from CACRMLS is current as of 10/24/2020 4:01 PM. Information provided by seller/other sources, not verified by broker. All interested persons should independently verify accuracy of all information. Information deemed reliable but not guaranteed. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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