149 W 16th St offers a commercial redevelopment and value-add investment opportunity near downtown Merced, California. The approximately 7,500 SF parcel includes an approximately 5,000 SF fire-damaged masonry structure with an open interior and no roof. A July 2023 structural engineering evaluation outlines a potential reconstruction approach incorporating certain existing structural elements, subject to substantial improvements, further evaluation, and applicable approvals. Located near Highway 99 and surrounding commercial businesses, the property presents an opportunity for investors, developers, and owner-users to reposition an established commercial site. The property is offered in its existing condition. Buyers should independently verify structural integrity, zoning, permitted uses, construction requirements, and redevelopment feasibility.
Listing courtesy of PMZ Real Estate.

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