For Sale
For Sale
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Year Built
2004
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Total Building Size
18,446 RSF
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Overview
Located at the NWC of Main Street and Canal Street across from Bob Hart Square at the center of Merced. Local area tenants include Regal Hollywood Movie Cinema, Cold Stone Creamery and numerous restaurants and one block from the new UC Merced Downtown Center with 370 employees. City parking lots are located within easy walking distance, approximately a half a block away.
Built in 1928 as Bank of Italy and was fully renovated, including electrical and plumbing in 2004-2005 as offices for UC Merced. The renovation was completed in accordance with the University of California quality standards. This property is also listed on the National Registry and Historic places.
501 W. Main Street: This space is on the first floor and is approximately 4,442 ± sq. ft. and is suitable for Retail Space. Features include Conference Area, Break Room, Men’s and Women’s Restrooms and several offices. This is currently utilized as Office use, however, is suitable for Retail or Restaurant use.
501 W. Main Street Mezzanine: The space is approximately 1,230 ± overlooking the main floor and is also available for lease.
507 W. Main Street: This space is approximately 1,800 ± sq. ft. and is suitable for Retail or Office Space. Features an open area and Men’s and Women’s Restroom.
501 W. Main aka 1715 Canal Street: Second floor is approximately 5,487 ± sq. ft. and is suitable for Office Space. Features include Conference Room, Men’s and Women’s Restrooms and 20 office spaces.
Elevator Access and Staircase for 2nd and 3rd Floor.
501 W. Main aka 1715 Canal Street: Third floor and is approximately 5,487 ± sq. ft. and is suitable for Office Space. Features include Conference Room, Break Room, Men’s and Women’s Restrooms and 11 office spaces.
Property Details
Located at the NWC of Main Street and Canal Street across from Bob Hart Square at the center of Merced. Local area tenants include Regal Hollywood Movie Cinema, Cold Stone Creamery and numerous restaurants and one block from the new UC Merced Downtown Center with 370 employees. City parking lots are located within easy walking distance, approximately a half a block away.
Built in 1928 as Bank of Italy and was fully renovated, including electrical and plumbing in 2004-2005 as offices for UC Merced. The renovation was completed in accordance with the University of California quality standards. This property is also listed on the National Registry and Historic places.
501 W. Main Street: This space is on the first floor and is approximately 4,442 ± sq. ft. and is suitable for Retail Space. Features include Conference Area, Break Room, Men’s and Women’s Restrooms and several offices. This is currently utilized as Office use, however, is suitable for Retail or Restaurant use.
501 W. Main Street Mezzanine: The space is approximately 1,230 ± overlooking the main floor and is also available for lease.
507 W. Main Street: This space is approximately 1,800 ± sq. ft. and is suitable for Retail or Office Space. Features an open area and Men’s and Women’s Restroom.
501 W. Main aka 1715 Canal Street: Second floor is approximately 5,487 ± sq. ft. and is suitable for Office Space. Features include Conference Room, Men’s and Women’s Restrooms and 20 office spaces.
Elevator Access and Staircase for 2nd and 3rd Floor.
501 W. Main aka 1715 Canal Street: Third floor and is approximately 5,487 ± sq. ft. and is suitable for Office Space. Features include Conference Room, Break Room, Men’s and Women’s Restrooms and 11 office spaces.
- Property TypeOffice
- Year Built2004
- Sale Price$3,950,000
- Total Building Size18,446RSF
- Total Acres0.17
- Cap Rate6.0%
- Number of Floors3
- Property ID1142073