Closed
305 Portico Drive
Merced CA, 95348
$6,800,000
$3,122.13 per sqft
Closed
0.05 Acres
Land
136 Finished Lots - All lots have utilities and are ready to build per buyer's own plans and subject to City approval plus 6 models are completed and permitted for use as rentals. All units currently rented out on a month to month agreement with tenants. Buyer would be required to change the commercial zone back to residential zone on 57 lots to be all residential community. Commercial Zoning from residential to commercial use and fees paid with proposed plan only. Buyer to create actual plans and obtain City approval. Approximately 57 lots would need to be removed to build a commercial complex with 2 buildings, parking lot and area including drain basin.
20042740
MLSⓇ ID
May 9, 2024
Updated
Map
305 Portico Drive
Merced CA, 95348
Exterior/Building Features
Lot Size
0.05 Acres
Lot Features
Corner Lot
School Information
School District
Merced City
Other Property Details
Area Name
20409
Garage
No
View
No
County
Merced
Pool
No
Zoning
Commercial,Residential,See Remarks
Buyer Agency Compensation
2%
Courtesy of Realty Executives of Merced, Barbara Kell Hasko,
Listing Contact:
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