1799 E 21st St , Merced, CA 95340
$799,000
Est. Payment: $4,358.30/mo
4270 Sqft
0.42 Acres
Status: Active | Days on site: 104
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House Description

Exceptional investment and development opportunity in Merced featuring four income-producing properties being sold together across two separate APNs, 034-121-013 (1785 E. 21st Street) and 034-121-020 (1799 E. 21st Street). This unique offering benefits from a shared City of Merced water meter while each building maintains its own PG&E meter, creating operational flexibility for future ownership. The 1799 E. 21st Street parcel includes an approximately 1,930 square foot main storefront with convenient front parking and access to a larger shared lot, along with an additional corner property at 1005 Keely Avenue totaling approximately 1,224 square feet that is currently leased to a Booster Club and previously operated as a bar for many years. In addition, there is a separate single-family residence at 2149 Keely Avenue offering approximately 1,095 square feet with 2 bedrooms and 1 bath that has been occupied by a long-term tenant. The 1785 E. 21st Street parcel, also available under MLS #MC26095315, is leased to a long-standing small engine repair and sales business and features an approximately 1,200 square foot main building, a large parking lot, an additional approximately 1,450 square foot storage or mixed-use structure with loading ramp, and a smaller detached work or storage area of approximately 300 square feet. With multiple income streams, established tenants, and a versatile mix of commercial and residential uses, this property presents strong potential for investors or developers seeking value-add opportunities in a growing area. The tenant in the home has been renting the property for many years. Both Parcels must be purchased together with total price being $799,000. Buyer to investigate and verify all information with appropriate municipalities.

Highlights

Listed by Scott Oliver , 209-354-4255 Concierge Real Estate Services , 209-354-4255. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.42

County

Merced

Listing ID

MC26094181

Questions about this listing?

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Interior Features

Air Cond:Central Air,Dual,Electric,Wall/Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:2-5 Units/Acre,Back Yard,Corner Lot,Level,No Landscaping,Near Park,Near Public Transit,Paved,Rectangular Lot,No Land Lease
Lot Dimensions:105' x 175'
Garage Capacity:16
Zoning:C-2
Roof:Composition,Metal,Shingle
Others:
  • ▪ Additional:Frame, Stone, Stucco, 2+ Total Units
Principal Interest
$4,358
Taxes
$509

Home Price

$799,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$159,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,358.30

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,358.30 $509.36 $0.00 $4,867.67
Yearly $52,299.64 $6,112.35 $0.00 $58,411.99
Total $1,568,989.16 $183,370.50 $0.00 $1,752,359.66

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (Merced, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-04T21:12:45.000Z

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