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Preet Sandhu

preet@riserealtyca.com +1(559) 907-9993

$ 1,999,000

Est. payment | -/mo

0.27 Acres Lot

Save

$ 1,999,000

Est. payment | -/mo

Save

0.27 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID MC26220285

HOA Y/N No

Year Built 1957

Lot Size 0.265 Acres

Lot Dimensions Assessor

Property Sub-Type Office

Property Description

Prime Downtown Merced Investment Opportunity! This recently renovated 7,169± SF professional office building offers an exceptional combination of modern improvements, established tenancy, and a long-term investment potential. Extensive upgrades include new exterior stucco and paint, new signage, a new roof, new HVAC units, new windows/doors, updated electrical, and fully renovated tenant spaces. The property features three established tenants secured by long-term NNN leases, with options to extend and annual rent escalations. Ideally located within walking distance of the Merced County Courts, and the County Administrative Building. Nearby landmarks include Merced City Hall, the UC Merced Administrative Building, the Merced College Business Resource Center, the El Capitan Hotel and numerous fine dining establishments. Offered at a 6.2% capitalization rate, this turnkey, low-management investment presents an attractive opportunity for investors seeking stable income and long-term growth in the heart of downtown Merced.

Location

State CA

County Merced

Zoning C-C

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry None

Exterior

Roof Type Flat

Total Parking Spaces 15

Building

Lot Description Corner Lot, Level, Rectangular Lot

Story 2

Water Public

Others

Tax ID 031053012000

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Ernesto Ochoa Keller Williams Property Team 209-704-7653, DRE #01247053

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 907-9993

preet@riserealtyca.com

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602 W 20th ST Merced, CA 95340