MICHELLE KAPLAN

BRE#01397047
Talk/Text (818) 515-9763

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Email: michelle.kaplan@me.com

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$2,545,000

3345 M Street Merced, CA 95348

Beds: 0
Baths: 0.00
Sq Ft: 0
Type: Commercial Sale
MLS#: MC17250434
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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

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., Directions 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.

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DescriptionInterior & Exterior Features

Interior Features Include:

No Information Available.

Exterior Features Include:

Acreage: 2.0000 Acres

Lot:
Description Lot Over 40000 Sqft
Square Feet 87120

Other Features Include:

Water: Public

This Listing is Presented By
MCGALLDA

Michelle Kaplan

Cell: (818) 515-9763

Work: (818) 515-9763

Email: michelle.kaplan@me.com

 
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