5441 Merchant Cir Placerville, CA 95667-8640

Property Details for 5441 Merchant Cir

Year built

1990

Construction

WOOD

Lot size

0.84 lot acres

Property size

3,024 SF

Zone code

I

Property type

Industrial properties

APN

319-370-032-000

APU

319370032000

Description

This exceptional investment opportunity presents a 10,092 square foot flex building situated on a 0.84-acre lot in Placerville, California. The property, located at 5441 Merchant Circle, boasts a desirable location within an established industrial park, offering convenient access to Highway 50 and public transportation. Built in 1996, this two-story building features a pitched metal roof, stucco exterior, and a concrete slab foundation. The interior comprises approximately 10,092 rentable square feet, currently leased under a modified lease agreement with a single tenant, expiring October 30, 2025, leaving approximately one year remaining. The asking price is $1,595,000, translating to $158 per square foot. The property benefits from a strong credit tenant who has occupied the space since 2003. Building amenities include four HVAC units (two replaced within the last five years, two older than ten years), propane gas meters, 600 AMP 3-phase power, and utilities serviced by El Dorado Irrigation District (water and sewer) and PG&E (electricity). Waste disposal is handled by El Dorado Disposal. The property is zoned Industrial Light (IL) and features a concrete slab foundation. This well-maintained freestanding building presents an ideal opportunity for investors seeking a reliable income stream or owner-users looking for a functional and strategically located space. The APN is 319-370-032-000.