2255 Gerard Ave Merced, CA 95341
- Commercial real estate
- 0.29 lot acres
Current Use by Public Records
- ATM (7-Eleven) / Atm
- 7-Eleven / Convenience Store
- Western Union / Money Transfer Service
- Redbox / Movie Rental Kiosk / Dvd Store
Property Details for 2255 Gerard Ave
- Lot size
- 0.29 lot acres
- Property type
- Commercial real estate
- APN
- 061-275-013-000
- APU
- 61275013000
Description
This established 7-Eleven franchise in Merced, CA, presents a lucrative business opportunity. Located at 2255 E Gerard Avenue, this 2,000 square foot store sits on a 0.29-acre lot, benefiting from its prime location off Parsons Avenue and Highway 99, a high-traffic corridor. The franchise enjoys a strong customer base within a densely populated neighborhood with a mix of residential and commercial properties. This turnkey operation boasts convenient, ample, and well-lit on-site parking. The store's convenient location drives sales throughout the day and night. The franchise benefits from the established 7-Eleven brand reputation, comprehensive marketing support, and access to corporate resources. This opportunity includes a generous price term and a 25% discount on the franchise fee. The sale is subject to 7-Eleven corporate vetting and approval. Further details, including financial information, will be provided upon execution of a non-disclosure agreement. The property is priced at $175,000.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $645,000
- ML approach
- $590,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Merced
- County
- Merced
- State
- California
- Longitude
- -120.446
- Latitude
- 37.2808
- CBSA code
- 32900
- CBSA name
- MERCED, CA METROPOLITAN STATISTICAL AREA
