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$2,000,000
Est. payment /mo
0.73 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel-Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225131248
HOA Y/N No
Lot Size 0.735 Acres
Acres 0.7346
Property Sub-Type Hotel-Motel
Source MLS Metrolist
Property Description
Exceptional investment opportunity located on one of Merced's busiest and most visible corridors. The Gateway Motel offers consistent cash flow, strong tenant demand, and excellent long-term upside potential. The Gateway Motel features 22 rooms plus an office, with 21 units currently rented between $800-$1,200 per month. This income-producing property includes a 15x11 studio, 10 storage rooms, and 2x2 garages. Enjoy peace of mind with new roofs, newer dual-pane windows, and ample parking along one of Merced's busiest, high-visibility streets, offering steady traffic and excellent exposure for continued occupancy. Located near downtown Merced, shopping, dining, and just minutes from UC Merced, this is an unbeatable opportunity to own a well-positioned and income-generating property in one of the city's most active corridors.
Location
State CA
County Merced
Area 20407
Direction From V St/16th Street, head northeast on 16th Street, property on Left.
Location Details Freeway Nearby,Restaurant Nearby
Interior
Heating Central
Cooling Central, Window Unit(s)
Flooring Varies by Unit
Exterior
Utilities Available Varies by Unit
Water Access Desc Public
Roof Type See Remarks
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 031-094-005-000
Special Listing Condition None
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Listed by SVN Executive Commercial Advisors
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