Revitalized Corner Street Retail Building

1635 M St. Merced, CA 95340

1635 M St. , Merced, CA, 95340
1635 M St. , Merced, CA, 95340
FOR LEASE
Property Type:
Street Retail
Last Verified:
Sep 20, 2019

Highlights

  • Corner Location at a 4-Way Traffic Intersection
  • Revitalization of Downtown Merced
  • 800-6,400 SF Demisable Spaces
  • Only Select Businesses
  • Across the Street from El Capitan a 114 Room Hotel
  • A few blocks from UC Merced Extension Building (65,000 SF)
  • Opportunity to obtain Tenant Improvement allowance
  • Ownership may invest in viable businesses

Description

Excellent opportunity to bring your business to thriving Downtown Merced!

1635 M St. will be renovated into a modern retail space for businesses. The total gross space is 6,400 SF which can be demised into separate suites ranging from 800-6,400 SF. The lease rates are negotiable based on the strength of the business/guarantors, desired lease length, and type of business. Th

The ownership which specializes in the renovation of Historic properties envisions a modern glass store front building with local businesses such as restaurants, brewery tap rooms, wineries, bagel/doughnut shop, Deli, neighborhood grocery store, wellness centers, and much more. The interiors can be demised into multiple spaces which caters to each individual business.

The ownership plans on contributing to Tenant Improvements and may Invest in viable local businesses and operators as well.

1635 M St. is located on a high visibility corner at a 4-way traffic light intersection in the heart of revitalized Downtown Merced. 1635 M is directly across the street from the historic El Capitan Hotel, which is a newly constructed and renovated 114 Room Hotel (completion expected in late 2019). Partnered with the Joie de Vivre Brand, the El Capitan Hotel will attract business professionals, students, graduates, and travelers to the rejuvenated Downtown.

Just two blocks over is the Historic Tioga Apartments which is a 70 Unit Apartment Community that is under full renovation (Anticipated Completion in October 2019) and is directly across from the 67,000 SF UC Merced Extension Campus. The Tioga Apartments will provide tenants modern living with historic detail.

Building Size: 6400.0sq ft
Lot Size: 0.0 acres

Units for Lease

1635 M St.
Space Available: 6400 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $1.0

Map of 1635 M St. , Merced, CA, 95340

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.