Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    122 W Main St Merced, CA 95340

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Two-story commercial building with ground-floor retail space for lease.

    Lot size:
    0.26 Acres

    Property Features for 122 W Main St

    General Information

    Lot size
    0.26 Acres

    We can help!

    Listing Contact
    Daniel Del Real
    Source: Elliman

    Listing Agent: Daniel Del Real

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Merced Retail Opportunity

    A two-story commercial building located in Downtown Merced offers an opportunity for lease. The property, situated at 122 W Main Street, will soon feature approximately 10,000 square feet of ground-floor retail space, which can be divided into two 5,000 SF units, and 8,000 square feet on the second floor. The building provides prime visibility, large street-facing windows, and convenient front parking. It is suitable for retail, service businesses, or restaurants. The owner is working with an engineer to improve the exterior facade and upgrade the building to meet current code standards. Lease terms and rates are negotiable and will vary based on space size, tenant use and required improvements.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Merced
    County
    Merced
    State
    California
    Longitude
    -120.47354
    Latitude
    37.29748

    Nearby Similar for Lease

    • Contact for pricing

      Modern Office Building with Suites

      Professional office suites available for lease with flexible options.
      2926 G St, Merced, CA 95340
      View Details
    • $22 SF/Yr
      5,064 SF

      Modern Office Suites Available

      Professional office suites for lease with flexible configurations.
      North G St, Merced, CA 95340
      View Details
    • $67,855
      103,479 SF

      Warehouse Space with Refrigerated Boxes

      Large warehouse with refrigerated storage and solar power.
      Hwy 59, Merced, CA 95348
      View Details
    • $21 SF/Yr
      22,896 SF

      Retail Outparcel Near Merced Mall

      Strategic retail location near Merced Mall with redevelopment potential.
      Fairfield Dr, Merced, CA 95348
      View Details
    • Contact for pricing

      Downtown Merced Commercial Space Available

      Flexible commercial space in Downtown Merced's revitalization corridor.
      739 W Main St, Merced, CA 95340
      View Details
    • $1,500 /Mo
      610 SF

      Turn-Key Patio Food Trailer Space

      Sublease opportunity at Ravello’s Event Center in Downtown Merced.
      560 W 18Th St, Merced, CA 95340
      View Details
    • Contact for pricing

      Downtown Merced Retail Space

      Prime retail space in the heart of Downtown Merced.
      332 E Main St, Merced, CA 95340
      View Details
    • $5,123,560
      21,710 SF

      Merced Retail Space For Rent

      Freestanding 21,710 SF building in Merced Marketplace Shopping Center.
      1720 W Olive Ave, Merced, CA 95348
      View Details
    • $6 SF/Yr
      98,239 SF

      Merced Warehouse - 98,239 SF

      Large industrial warehouse, ideal for various uses.
      2777 State Highway 59, Merced, CA 95348
      View Details
    • Contact for pricing

      Professional Office Condo For Rent

      Well-designed office condo with excellent visibility and accessibility.
      3351 M St, Merced, CA 95348
      View Details
    • $30 SF/Yr
      3,389 SF

      Merced Office Building For Lease

      Professional office building in North Merced with flexible workspace.
      M St, Merced, CA 95348
      View Details
    • Contact for pricing

      Versatile Commercial Space Near Downtown

      800 sq ft commercial space near downtown Merced.
      1573 W 18Th St, Merced, CA 95340
      View Details

    FAQs

    What type of property is this?
    Retail space - Two-story commercial building with ground-floor retail space for lease.
    Where is this retail space located?
    The property is located at 122 W Main St Merced, CA.
    What are key features of this property?
    This property features: - Prime Downtown Merced location with high visibility.; - Approximately 10,000 SF of ground-floor retail space divisible into two 5,000 SF units.; - 8,000 SF of space on the second floor.
    (209) 285-9912
    Request Owner's contact information
    122 W Main St Merced, CA 95340
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    122 W Main St
    Merced, CA 95340
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    122 W Main St Merced, CA 95340
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Daniel Del Real
    (209) 285-9912
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.