Overview
About This Listing
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 15×11 studio, 10 storage rooms, and 2×2 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.
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121 Raley Boulevard, Chico, CA 95928
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Source:
Listed by: Coldwell Banker Associated Brokers -
Details
$9,750,000(Negotiable)
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Source:
Listed by: All City Homes -
Details
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7070 Old HWY 53 Highway, Clearlake, CA 95422
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Source:
Listed by: Berkshire Hathaway HomeServices Heritage, REALTORS -
Details
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