1011 Olive Ave Merced, CA 95348
- Commercial real estate
- 9.50 lot acres
Current Use by Public Records
- Sears Appliance Repair / Appliance Repair Service / Air Conditioning Repair Service
- Sears / Fashion Accessories Store / Jewelry Store
- Pahoua Xai Xa Vue / Optometrist
- Sears Auto Center / Oil Change Service / Tire Shop
Property Details for 1011 Olive Ave
- Lot size
- 9.50 lot acres
- Property type
- Commercial real estate
- APN
- 236-220-031-000
- APU
- 236220031000
Description
This exceptional retail opportunity presents itself in the form of a former Sears location within the bustling Merced Mall, situated at 1011 W. Olive Avenue, Merced, CA 95348. The space offers a flexible layout ranging from 10,000 square feet to a substantial 86,772 square feet, ideal for a variety of retail concepts or a multi-tenant configuration. Located in Merced County, this property benefits from its prime position along Merced's main retail thoroughfare, ensuring high visibility and accessibility for customers. The surrounding area boasts a strong presence of major retailers, creating a synergistic environment and attracting significant foot traffic. This is a unique chance to establish a prominent retail presence in a thriving California market. The property is classified as a prime anchor space within a multiple-tenancy retail setting. The sheer size and strategic location make this an unparalleled opportunity for businesses seeking expansion or a new flagship location in a well-established retail center. The address is easily accessible and highly visible, offering excellent potential for brand recognition and customer engagement. Serious inquiries are encouraged to explore this significant retail investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.486
- Latitude
- 37.321
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA
